Interesting to see that ASX are still grilling FAS about the events of last week and have lobbed yet another lengthy letter demanding explanations. This is the fourth query so far this year.
My question is why the $400k+ MD is not responding and leaving it to the Coy Sec. One really wonders what the $400k+ men (KR and CM) do to earn such a fine sum.
Anyway ASX are really going to town on FAS and no doubt the auditor will yet again be having deep and meaningful discussions with the $400k men shortly on the topic of solvency.
Meanwhile not even a trade today, highly unusual for FAS not to do any trade in a morning session.
FAS Price at posting:
0.6¢ Sentiment: None Disclosure: Not Held
