Originally posted by seuss
Asic is probably doing nothing.
But you said there watching them any proof of that they are investigating them?
With all the inconsistent things you have pointed out,if any one was to suceed in removing the board what else would they uncover?? The chance of this ever relisting is up there with catching a unicorn.
Its a totally worthless company with no assets or cash. And no future
I notice that Hotcopper has modified its charting of the share price with a Y, YTD and a 5Y.
Interesting to visualise the rather flat line of the share price since about April 2016 to now...and yet some shareholders seem to think this is OK and didn't vote at the last AGM. The current flurry of activity by some advocates for change is well justified and that lack of support is sad to see as the Board is still trotting out the same "gonna do this and gonna do that" rhetoric that they did back then and that was over 2 years ago.
Whatever they are proposing to do has got to be worth backing instead of more of the same chart shape since April 2016 or worse still staying silent or abstaining from voting.