This is standard practice for companies. If you want to say that LWP has crap management because of this, then you'd be saying the same of just about every other listed company in Australia.
You can see the listing rules here: http://www.asx.com.au/documents/rules/Chapter15.pdf
Section 15.13
- Forums
- ASX - By Stock
- TIH
- Unmarketable Parcel Sale?
Unmarketable Parcel Sale?, page-6
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