Yes but 90% of the shares are held by Noble and Liberty. The...

Yes but 90% of the shares are held by Noble and Liberty.
The thugs in Canberra are writing off the country for us. We will need to take it back at gunpoint, one day.

Stephen Smith from the Regional Director Coal Assessment hub informs me this is a matter for ASIC

Melissa Liu Lawyer, Corporations ASIC assures me ASIC has made substantial communications with the management of Cockatoo and assures me there are no actionable breaches, but thanks me for my concern

FIRB compliance writes to me
Thank you for taking the time to contact the Compliance Unit of the Foreign Investment Review Board (FIRB). We take our compliance responsibilities seriously and undertake a range of activities to investigate potential breaches of the Foreign Acquisitions and Takeovers Act 1975 and Australia's foreign investment policy.

Please note that the FIRB is bound by privacy laws and is unable to share details specific to any investigation or application. We receive a high volume of email queries, therefore please accept this email as confirmation that your enquiry has been lodged.

We encourage you to seek further information on Australia's foreign investment rules by visiting www.firb.gov.au, which contains information including how to apply and guidance for eligibility.

Compliance and Real Estate Screening Unit
Foreign Investment Review Board
[email protected]
www.firb.gov.au

Viet Nguyen | Lawyer | from the Government's Takeovers Panel writes to me of the government's sincere and proper concern

Dear xxxxx
Thank you for your email.

The Panel only has jurisdiction to consider a matter if a formal application is made. If you wish to do so, you can make a formal application to the Panel in relation to the control effect of the rights issue being conducted by Cockatoo Coal Ltd. Our website (www.takeovers.gov.au) contains information and a pro forma application that may assist you.

The Panel has the power to make a declaration of unacceptable circumstances and make orders in response to an application. In your application you must identify the circumstances that are unacceptable and the effect they will have. This can be quite complicated so you may wish to seek legal advice in preparing the application, although this is not required by the Panel.

To make an application, you also need to pay the fee of $2,290.00, payable by cheque to the Department of the Treasury.

Another alternative you may wish to consider is to raise your concerns with the Australian Securities and Investments Commission. A formal application to the Panel may also be made by ASIC. The ASIC website (www.asic.gov.au) contains information about how to make a complaint to ASIC about misconduct.

Please note that the Panel cannot, and does not, provide you with legal advice. You should obtain your own advice if necessary.

Please also note that this response to your email is not for publication to others.

Kind regards

Viet Nguyen | Lawyer | Takeovers Panel
_______________________________________
Level 10 63 Exhibition Street Melbourne 3000
* [email protected]
' 03 9655 3562 | 7 03 9655 3511