Australia's largest stock trading and investment forum Australia's #1 stock forum

YOW

Click for more information

0.00%

2.5¢ yowie group ltd

Sitting Duck, page-24

First 24 Last

Share
Profile

Follow
rtswa

990 Posts.

10/01/18

14:49

Post #: 30196022
Share

Originally posted by Secondlevel ↑

Section 249D Notice submitted on 19/12/2017.

YOW response to ASX Aware Letter on 08/01/2018 advised that YOW first became aware of the revised revenue guidance on 29/12/2017.

I find it very difficult to believe that the S249D notice was submitted without having knowledge of the revenue downgrade. Which leads to three possible things:

1. The current YOW CEO/Directors are being dishonest with their reply to the ASX i.e. they knew above the revenue downgrade prior to the Section 249D Notice being submitted.
2. The previous YOW CEO/Directors were not adequately advising the market in a timely manner.
3. Those responsible for submitting the Section 249D Notice were aware of material information prior to the market being advised. Where would they receive this information prior to other shareholders in a fair and equitable market?

As always, no further investigation will take place and business will carry on as usual.

Expand

Report to ASIC and ASX asap.

Get that paper trail started.

YOW Price at posting: 18.0¢ Sentiment: Hold Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

Breaking news: New opportunities for investors & companies - HotCopper opens to capital raising!

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

First 24 Last

Add YOW (ASX) to my watchlist