PDY 0.00% 0.7¢ padbury mining limited

pdy being blocked by asx, page-13

  1. 782 Posts.
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    This is not the ASX fault, blame clearly is at PDY's lack of disclosure. It is the Companies responsibility to ensure that announcements contain enough disclosure and comply with listing rules. If the ASX were to take on responsibility for vetting all announcements who would pay for all of the extra staff that would be required. How would companies maintain continuous disclosure if it takes a week or so for the ASX to vet each announcement?
 
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Currently unlisted public company.

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