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Australian Financial Review 16 November 2022 There’s nothing...

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    Australian Financial Review 16 November 2022

    There’s nothing quite as icky as wading through the small end of the Australian listed equites market, where cash-desperate hucksters and tight shareholder registers meet HotCopper pump and dump enthusiasts.

    In this vein, ASX-listed “wellness” penny stock Wellfully was suspended by the exchange on Tuesday until it meets the requirement to have sufficient directors on its board.
    Coincidentally, the suspension was granted a day after we explored the company’s inexplicable issuing of shares and options to an entity called Dyamond Trading and Consulting, ostensibly for “investor relation services, including social and business media”. Also known as lurking and posting on gruesome online forum HotCopper.

 
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