Ironic how the company intends to settle something the subject of which hasn’t even been formally disclosed to shareholders yet. And even more so to see a number of shareholders enthusiastic for a settlement they still officially know nothing about, including the failings, breach or undertakings actually giving rise to it. Leo must have engaged a shrewd psychologist to work with the IR flacks. ASX, however, is seemingly not so amenable (or pliable). Continuous disclosure is a basic tenet of public company listing, in good times and in bad - we need more of it not less. Especially after more than half a year in continuous suspension.
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