Share
63 Posts.
lightbulb Created with Sketch. 13
clock Created with Sketch. 01/05/20
10:14
Share
Originally posted by Whatknots:
↑
By now most shareholders would have had a change to read the ASX statement of reasons and form a view on the actions of our management team. What is laid out in the SOR is quite damning of the actions taken to generate revenue and receive the performance shares. Actions that shareholders have born the brunt of from a dilution perspective, the suspension from trading that has lasted many months, and ongoing damages to the companies reputation.
Expand
The management have majority holding and would not pass a general vote... Also, whilst unlikely given the SOR evidence, there is no concrete confirmation of guilt. Let it trade with escrow or let the court case pass. Kneejerk statements like these are exhausting to read...
