The biggest thing about when they made the OHD Update announcement on the 29th May was:
1) They never indicated what date the OHD material was discovered to be incorrect
2) They knew that they trials would have to be discarded
3) The never informed the market that the broad acre field trials never went ahead
4) The update was announced 5 days after the EGM, where granting of options were voted on and passed
MEH
It is now a continuous lack of information in announcements, the last placement was the first time in GPP's history that they never disclosed who the placement went to, nothing to do with the 249D though, eh! As a matter of fact, it is probably the first time that any company I have been involved with hasn't disclosed that information, unfortunately it isn't a listing requirement but unusual none the same.
Where is the announcement that the Small Holding Share Sale Facility has been completed (6th June was the retention date) I hope that they follow their own Constitution and make the payments to those that never retained their shares accordingly versus what was mailed out to the "minority" shareholders.
cheers
GPP Price at posting:
0.6¢ Sentiment: Hold Disclosure: Held