GTP great southern limited

How do you fight, you cannot form a collective grouping whilst...

  1. 5,738 Posts.
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    How do you fight, you cannot form a collective grouping whilst the company is listed as that constitutes acting in concert and you have to then report as a grouping etc etc.

    These laws are just ridiculous, you should be allowed to have a grouping that does seek to act in each others interests without having to be lumped together.

    That would make it worthwhile to push for more disclosure.

    As regards reporting anything: I raised an issue with ASX and it was urgent yet after receiving quick responses from them its over a month and not one response from that.

    Having another issue with a super I complained to ASIC. Instead of receiving any understanding of why they decided that the vendor was not in breach they just sent me a letter dismissing my concerns.

    I migrated from another country which is considered inferior in all respects to here and there is more oversight there and in fact plenty of insider trading gets fined. As regards complaints they have a panel that I have approached who have taken the issue up and appointed attorneys to resolve same. Australia is now my home yet this is the only area that I think Australians don't get a fair go on.

    We deserve better. We deserve a body that does think further than just the scheme documents and that does ask the questions of how you intend securing completion of the contract. I also think they should be advising on new legislation. Yet time after time it just seems that nothing happens.
 
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