anz substantial notice asic getting act togeth

Notice Water Wheel 42% was lodged also today pursuant a 2006 amsla

The weasel words on the cover letter say ..though there is some legal uncertainty whether we are required to

then they lodge notice..pursuant to AMSLA 2006

My Bet is ASIC have caught them and are insisting they comply with the Corps Code

This is a huge signal everyone

They OWNED THE STOCK UPON RECEIPT that is how the amsla works
They didnt disclose ..which means they didnt inform the directors and others..of the change of ownership
It follows that this recklessness caused the Director lodging to be misled
This as we have gone over caused the scheme to have oxygen

Reckless ?
Negligent ?

It is not looking good for ANZ if you drill down this path