ASIC involvement?

The near 50% collapse in the share price will always lead to a passing interest by the regulator just to ascertain why it happened. What makes ADN potentially more interesting to the corporate plod will be:

1. the just concluded takeover of MEP - have accepting MEP shareholders been dudded by lack of disclosure? (VERY serious if the case)
2. slew of announcements about DFS webinars & deferrals - what did ADN know AND WHEN? (should there have been a trading halt when it was clear the DFS was not matching the PFS)
3. Past statements by JM about NPVs
4. Slides 11 & 13 of the Brisbane Mining presso (23/3/22) not borne out by the DFS - the BoA's do NOT appear to underpin the base case DFS when the bigger one is six years in - are these slides accurate or not? If not, why were they not corrected?

That's just four things. There will some other subtleties I have missed that corporate regulatory lawyers may not, if they take an interest. I have harped on about the lack of capital markets expertise in this company. I never thought it would come home to roost in quite this manner. Grivas must be delighted not to now be involved in this clown show.