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18/06/25
14:37
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Originally posted by chillisoul:
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Nope. Did they identify basic issues in the Half-Year Report (Note 11: the company and Anthony Travers from Hall Chadwick NSW did not identify the unexplained $310,000 variance in secured borrowings / the company or auditor has never disclosed the assets pledged as collateral for these borrowing / Note 4: only $300,00 set aside for a legal matter costing $650,000+)? Do they question the sale of assets (Starlink Satellite Equipment, WOFE called AoFa purchased in April 2020 for $2,587,000) while all financial tests point to the company trading insolvent? The list is endless. The prima facie breaches arising from these material omissions are lost on them. Clueless.
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They're protected. Look at the background & o/s connection of the others at Principals.