4 weeks ago Malcolm Day wrote (in response to an ASIC query) 'We refer to your enquiry letter of today's date in relation to a decrease in the Company's share price from 36 cents on 23 July 2002 to 23.5 cents today.
1. The Company is not aware of any information concerning it that has not previously been announced, which may reasonably be regarded as an explanation for recent trading in the Company's securities.' Four weeks ago! It is unbelievable the board was unaware and if ASIC believes this and does not press charges it would be more unbelievable still. Cerberus
ASC Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held