Hi Ryphil,
I'd noticed something else a little odd about the Options being issued in the upcoming AGM. Under resolution 10: The issue of 873,016 shares to Andrew McCrea.
The resolution states "On 6 August 2014, the Company issued 873,016 shares to Andrew McCrea in satisfaction of fees owed for marketing and promotional services provided".
This stood out to be because Andrew is the Managing Director of Proactive Investors. This report about HAZ was published on the Proactive Investors website on 24th July 2014, 2 weeks before Andrew was issued these shares: http://www.*.com.au/companies/news/...ing-china-warren-buffetts-1-metal-56462.htmlI
Now I'm fairly new to the stock market but aren't there ASX regulations about disclosures of financial interests for this sort of thing? Nowhere on the report does it indicate that the report was a paid advertisement.
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Hi Ryphil, I'd noticed something else a little odd about the...
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