The BOD can only do so much. They have a fine line to walk. We can support them. Get on the ASIC site and file a complaint. The BOD have made the call. They have said that LIT is being deceptive and given support to the deception.
We need to file a complaint saying we have not sufficient detail to make an informed decision because of the incorrect information supplied.
This makes an authority vs LIT stoush instead of LPD vs LIT stoush. If LIT is found to be deceptive then the whole TO may be looked and LIT may have to return the shares that they have conned so far.
I have made three complaints so far. (1) AG and the CFO BW taking a project to RLC and selling same. (2) My concerns that the defeating clause of if LIT share price fell by more than 20% and (3) I believe that LIT knows that it will not get a patent on Sileach and have breached their continuous disclosure obligations.
ASIC does not do much unless their cage is rattled some.
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