MST metal storm limited

hmm,didn't realise I was going anywhere, thanks, but I don't...

  1. 17 Posts.
    hmm,didn't realise I was going anywhere, thanks, but I don't invest my $ on luck or animations(anymore).
    Sorry to question you without any evidence last time.

    Appendix 4
    Indemnification and insurance of directors and officers

    During the year, the Company paid a premium in respect of a contract insuring the Directors of the Group, the Company
    Secretary, and all executive officers of the Group and any related body corporate against a liability incurred as a Director, Secretary or executive officer to the extent permitted by the Corporations Act 2001. The contract of insurance prohibits disclosure of the nature of the liability and the amount of the premium.
    The Group has not otherwise, during or since the end of the financial year, indemnified or agreed to indemnify an officer of the Group or any related body corporate against a liability incurred as such an officer.

    http://investor.metalstorm.com.au/IRM/Company/ShowPage.aspx/PDFs/2008-51844075/Appendix4E

    I just want to know why it prohibits disclosure - you know, if I wanted to invest $ I would want to know about these things. It might be perfectly normal but if no one discusses it we sit in the dark.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.