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Ann: Cleansing Notice, page-2

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  1. 10,600 Posts.
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    For anyone interested...old news and probably known by many informed folk but it never gets commented in here.

    Be careful interpreting the Cleansing Notice Questionnaire that is often trotted out after a Cleansing notice letter by AHF (as well as TAU in the past) and assuming it is an official form or template of either the ASX or ASIC. It even shows a file name with inference to a version control and the ASX in the footer of the questionnaire.

    It isn't a regulatory or compliance form or template at all. It is a template created by Hackett or associates and issued to shareholders on the back of Cleansing Notice letter to give the illusion of such and the contents although appear correct omit some key and critical points, often the determining points for shareholders making a decision later on when resolutions are sought for their vote. It would argue it is there to help shareholders when in fact it diverts their attention from more important matters.

    Grubby stuff really but nothing that hasn't been done before with TAU and should be easily recognised by experienced investors.

    I just hope Adrian Rowley, Peter Skene and the new proposing Director (Paul Morrell) realise what is actually going on as they are liable for any civil or criminal actions bought against the Board for misconduct, deception, misrepresentation or other matters of breach, if it comes to that. If they resign and formally advise ASIC of such they might get some protection.

    I really feel for the poor TAU shareholders as this was going under their noses for nearly 10 years but now the same behaviour has permeated into AHF and some people aren't happy about it.
 
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