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flaviom

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04/12/15

20:19

Post #: 16550462
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Originally posted by jin12345 ↑

Got a reply from asic - pretty standard reply

I refer to your email message concerning our ongoing inquiries of Slater & Gordon Limited ("the company"). Our inquiries in relation to financial reporting by the company are ongoing.

It is normal for ASIC to make inquiries of listed companies in connection with their financial reporting. This assists in ensuring that markets can be confident and informed through the information contained in those financial reports.

Generally, we will not make any comment or provide updates on the progress of our inquiries until they are concluded. Given the importance of ensuring that our review of financial reports is based on all relevant information and considered carefully, our inquiries can take time to conclude and it is not appropriate for us to provide a continuous update to the market of the status of our inquiries. We are subject to confidentiality restrictions under legislation that require us to protect information provided to us by a company. We also want to ensure that a company and its shareholders are not unfairly affected by such commentary, which may potentially impact on the share price of the company.

We will ensure that the company is informed as soon as our inquiries are concluded
Dyor

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I wonder what ASIC's input is in regards to the stock market manipulation by the big money brokers. Do they have any idea of what is taking place or do they just turn a blind eye...

SGH Price at posting: $1.13 Sentiment: Hold Disclosure: Held
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Good news today everyone, page-27

Top Stories

FBR's robotic home construction tech passes first US early-stage structural compliance check

Firebird snaffles Environmental Permit for Jinshi plant

Duratec snags $76.5M in works from Woodside and Defence respectively - including spy network upgrade

Global Lithium latest hit by lithium downturn; shares fall -10% as Manna DFS paused

Steadfast Group sees $600M wiped off on resumed trades after Four Corners feature

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