Haha! Maybe if they disclosed properly it would be ok.
I'm not 100% on the fines I've only skimmed the rules. A fine may apply to both the company and the director. From memory it was something like $1m (minimum) per breach to the company and $100k to the director. I think I calculated 3 definite breaches but there could be more.
I could be wrong about the penalties, if you're really interested the penalties can be found in the listing rules.
- Forums
- ASX - By Stock
- BIG
- How FC financing works for BIG
How FC financing works for BIG, page-363
-
- There are more pages in this discussion • 79 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BIG (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SS1
SUN SILVER LIMITED
Gerard O'Donovan, Executive Director
Gerard O'Donovan
Executive Director
SPONSORED BY The Market Online