Here are some recent posts on the UK ADVFN site regarding the CEO and Chairman of Fluorotechnics, Richard Trevillion (RT).
You have to register for this site, just like here at Hotcopper. It is also free.
Richard Trevillion was the CEO of Meldex in the UK before emigrating to Australia.
If you are invested in this company or thinking of it, then I strongly suggest you read the following.
http://uk.advfn.com/cmn/fbb/thread.php3?id=21466576&from=40906#firstpost
http://uk.advfn.com/cmn/fbb/thread.php3?id=21466576&from=41042
http://uk.advfn.com/cmn/fbb/thread.php3?id=21466576&from=40854#firstpost
Don't shoot the messenger.
I see the Australian Securities Commission are asking questions. See the latest announcement from FLS, the one below this post.
Here it is:
8 November 2011
Stephanie Yong
Senior Adviser, Listings (Sydney)
Australian Securities Exchange
20 Bridge Street
SYDNEY NSW 2000
Dear Stephanie,
Appendix 4C Query
I refer to your letter of 3 November 2011 regarding the Company’s Appendix
4C for the quarter ended 30 September 2011. On behalf of the Directors, I
respond as follows:
1, 2 and 3. It is not the intention of the Company to continue to expend cash
at this rate for a prolonged period. As disclosed on 30 August 2011, the
Company is in negotiations on an acquisition opportunity in the resources
sector, and expenditure at about this rate may continue for a number of
months. The future funding requirements of the company will be addressed in
conjunction with any such acquisition.
4. The Company confirms that it is in compliance with the listing rules, and in
particular, listing rule 3.1.
5. The Company remains in compliance with listing rule 12.2, and does not
expect negative operating cash flows at this level to continue for a prolonged
period.
Yours faithfully
Ian Gilmour
Company Secretary
Add to My Watchlist
What is My Watchlist?