The only Touters still tooting, are folks from living outside of Australia, they may or may not be natives, but they are not residing in Australia. On other Exchanges in other Countries, that would smell like either enforcement or investigation.
Long Timers might comment on this, that recent dredging up of an old Forum Thread, which could clearly have been a sucker punch, and is inartful at best, lead me to go back to those threads, and mark all the organized posters, all these cheerleaders, all are now gone.
A reason why the company may have "seemed" to go quiet, there is no smoking gun proof that the company was ever orchestrating any of the hundreds of coordinated disclosures of purported insider information on this forum, well there was the Retail Broker on the Open line, non muted, Company Conference call, telling, for all those dialed into the call, a client, of the eminent announcement between the company and JD.COM, hilarious as it was, the company is in a different communications posture now.
Given that I believe that the Company must raise more cash immediately, I do not see a delisting, Reverse Split sure, but I also did not see Australia going on complete lock down either, so a better Iwebgate posture would be too announce only that which is Material.
Hoping that new information it might be positive of course.
The only other position I can figure, is that the company has nothing to report, which makes the current slate of Management, instantly dismissible.
The company settled a fair amount of debt recently, by converting the debt to shares, although I have not seen the conversion price, and or date certain of distribution, disclosed by the company.
In those debtor negotiations, the company would have a simple duty of care, to disclose all forward projections, perhaps also asking for prudence by the new share holders, in their liquidations, by a schedule or agreement, that should be disclosed as material.
Flushing those shares by the newly Debt\Equity swappers would impact, and or possibly depress, the Share Price.
This is a different reporting issue than Regal, whose recent share sales could be explained or justified for more common reasons.
With all due respect to another Poster, the company does not have to disclose anything, and a new COB could make a clean case to regulators that the stock has suffered from over speculation, and because of historical events, and an abondance of new caution and sobriety, Iwebgate is now a more sober disclosing entity.
Why am I using IwebGate, well look at what has( or more importantly has not), occurred since the Company became Netlinkz. Might consider going back and starting again.....Again.
Peace unto you, and your Country.
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