Sandy, your two main points are very valid. I have also been posting on the very same point you make in the first paragraph, which is why the long delay on providing the results of the first hole whilst the stock was being dumped hard and fast. This dump prior to the belated eventual announcement is a matter that the ASX can start to investigate with the Market Aware notice, ie when was the company aware of market sensitive info ( in our case a duster on hole 1) and who was priviliged to that information . Mind you, a short cut might simply be for the ASX to follow up that massive single dump on commencement of trade on May 26 which started the free-fall. One thing we do know, there has been no leak from a lab because it seems the cores were not assayed. That narrows things down.
By the way, has anyone submitted an online feedback on the relevant ASX or ASIC website pages regarding this debacle?
MRD Price at posting:
0.6¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)