WFE 0.00% 2.4¢ winmar resources limited

Questions to Management - What is going on? Official., page-985

  1. 8,887 Posts.
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    If this mob did have lawyers looking over everything as has been alluded by @Deboss we could assume the lawyers would have been insisting on having an AGM as that is the law.

    Lack of AGM in particular along with lack of Dec 18 half year report and annual report would tend to logically indicate that lawyers that know anything about corporate law have not been involved here.

    Lack of an AGM plus lack of announcement about asking for an extension period to have one, tend to indicate the company is in a lot of trouble, from RG 44....

    https://download.asic.gov.au/media/1238144/rg44.pdf

    Having been involved in way too many meetings, committees, boards in the past, it is the responsibility of the chair to call meetings etc, so I would assume any penalties mentioned in the above document for failure to have the required AGM would apply to the chair. Anyone have any different thoughts on the above??

    Very very foolish to not call and have an AGM IMHO.
 
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