Good find Snowy, No ann. on this one, surely there should be? It...

Good find Snowy,

No ann. on this one, surely there should be? It is market sensitive, so AYB, it could be assumed are in breach of continuous disclosure.

P Landau of ICBC Capital & Okrap fame in a reply to an “ASX aware query” once stated the following in a release to the market after news of a wind up notice was posted on HC by a regular poster and the ASX queried it.

Quote -
“I refer to your letter dated 1 September 2015 in relation to the Company’s responsibilities and respond as follows in line with the numbers of your letter. 1. Does the Entity consider the information in the Announcement, namely the commencement of a notice of application for a winding up order against the Entity, to be information that a reasonable person would expect to have a material effect on the price or value of its securities? No 2. If the answer to question 1 is “no”, please advise the basis for that view.

[answer] The issuing of the Wind Up application was understood by both parties to be a necessary action to define a timeline to complete negotiations regarding a settlement.

At no time did the applicant intend to wind up the Company.

The applicant and company have had a longstanding relationship and it was always expected, as has occurred, that the matter would be dealt with in a professional and proactive fashion.”


Landau’s reply – Maybe AYB could cut and paste it?

http://hotcopper.com.au/threads/ann...letter.2587682/?post_id=15927323#.V6Ljv9J95hE


The AYB notice for those that cannot find it.

https://insolvencynotices.asic.gov....e=All&companyname=australian natural proteins