If neates and woody have been selling out continually since the EW drill, and have not disclosed, then ASIC can slap them on the wrist for non disclosure, but in reality they will pay a couple of thousand dollar fine for what really amounts to inside trading.
ASIC should investigate, but in reality, it will not help longs who have been sold on the co's prospects.
Time for all concerned to complain has all but evaporated imo.
So many shadies rely on the old ''annex c'' loop hole.
One the other hand 200,000 shares ( big deal ) were short sold last Friday...why ?
Unless it was a requirement somewhere,,, why bother
200,000 heads will not kill sentiment enough to push sp to 1/10th of a cent if thats the play..
Time for imf yet ?
Again, simply thinking out loud dyor and dyoc to the regs imo
EPR Price at posting:
0.4¢ Sentiment: None Disclosure: Held