Brighter days ahead seems to be the same old cliché suffered over the years by LT shareholders. Some further research has shown the following.
On the 7/11/2014 Motopia announced that they had gained another 41% of CU2 Global. They also on this date issued shares to CU2 Global not needing shareholder approval.
CU2 Global have not notified ASIC of any of these events. The last notification to ASIC by CU2 was a 484, changes to share structure on 26/8/14.
Corporate governance seems to be overlooked by all concerned, but then again that has been and is the sad story of MOT.
IMO DYOR
MOT Price at posting:
0.1¢ Sentiment: None Disclosure: Held
