FAS 0.00% 0.4¢ fairstar resources limited

fas dumps 13.5m gwr shares

  1. 5,377 Posts.
    lightbulb Created with Sketch. 106
    Well there you go.

    Good old Kev has sold the farm.

    a quote from the Quarterly.

    "In December 2012, 13,500,000 shares in Golden West Resources Ltd, valued at
    approximately $1.35m were disposed of in reduction of debt."

    The market wss not imformed and sice this was more than 5% of issued capital, either FAS or Walthamstow is in breach of the corporations ACT.

    I wonder if FAS decided to sell them or whether they were sold by Walthamstow as a result of FAS defaulting, without FAS even knowing.

    I'd also love to know who they were sold too. I find it strange that there was only 1 transaction, so technically we should see a new substancial shareholders notice.

    Looks like a cover up and I wonder if Classic have them now or a Doucth.
 
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