This company doesn't know what the term "Continuous Disclosure" means. ASX and ASIC will likely turn a blind eye. They always do in this space.
1. But Do you you think the SJM announcement was sufficient for 3/4 loss of value from highs. Its embarrassing. Shows that announcement was written by legal.
2. They deserve several class Actions. Their legal team will be busy and clocking up big legal fees. Happy Christmas for them. They are
3. ASIC investigation anyone ? License and fiduciary responsibilities violations much??
4. Do you think shareholders will be informed when other Mandates walk?? You'll have to wait for the quarterlies.
5. Talent will walk ?? LOL.
What talent ?? No geniuses or risk mgt in this shop. Don't even know how to spell "risk management" ....These guys are the worst on the block with the most FUM under management still. Their 1,3,5 and 10yr returns says how smart they are and those returns are now disgraceful.
6. ETFs return much better and safer for 1/4 the fees and more disclosure.
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