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Is it a legal requirement to be audited during winding-up or...

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dazaliam

6,896 Posts.

2217

15/06/25

19:59

Post #: 79440030
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Originally posted by fooca ↑

I can only add an opinion and / or an assumption without knowing the complete story.

It is the reason why I linked Matt's letter to shareholders in its entirety, but here is the paragraph again.
re: "
Should I successfully gain your support, I commit to working tirelessly to maximise the safe return of capital to shareholders and to do so without further cost to shareholders by waiving all Directors Fees."

https://hotcopper.com.au/threads/shareholder-action-group-mk-ii.7846573/page-41?post_id=72862277

It was also why I linked the Company's recommendation as you have posted,
https://firefinchltd.com/wp-content/uploads/NoticeOf2024AnnualGeneralMeeting27Sep24.pdf

From memory there is a restriction @franky1 on word count for nominated directors biography and combined letter to shareholder, whether this was the reason Matt's statement was condensed or edited I don't actually remember.
~ I do recall commenting when the AGM notice came out, and have gone back to look ... ..
https://hotcopper.com.au/threads/annual-general-meeting.8236128/
https://hotcopper.com.au/threads/annual-general-meeting.8236128/?post_id=75919014

Send an email to the Company and ask them?
While you are at it, ask them where the 1/2 yearly & annual accounts are, and when is the AGM

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Is it a legal requirement to be audited during winding-up or could they skim a few $m before folding? I've emailed them the q's you suggested but if folding why bother publishing the financials and holding agm?

FFX Price at posting: 20.0¢ Sentiment: Hold Disclosure: Held
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Is it a legal requirement to be audited during winding-up or...

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