I am not a holder but had something similar happen to a mining company I owned. I think it does matter if GEOT and GEO-Co is owned by Vulcan management as it comes down to the question of credibility and arms lengths transactions. I think people are just posting things with no knowledge about what the law is in regards to these matters. I think you will find that if some of the accusations cannot be rebutted then you will be looking at the related party laws for listed companies. Not to mention misleading and deceptive conduct. I'm not saying in any way any of the accusations are true I'm just saying that flow rate is not the only thing to worry about if any of the accusations are proved to be correct. The ASX and ASIC could still ask for a please explain if they are not happy with what Vulcan comes up with.
VUL Price at posting:
$14.99 Sentiment: None Disclosure: Not Held
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