From another website by a poster there. ASX were informed of Zani's antics and despite looking into STL did nothing......says much about their role as keepers of the Aust stock exchange. Whose interests were they more interested in protecting....not retailers obviously, more likely the winners in this despicable affair
According to the receivers the company was trading while insolvent since June 2017. https://www.ppbadvisory.com/wp-cont...reditors-SGL-ST-170318-3450-4095-3866-v.1.pdf
Todd is in trouble.
Wont do shareholders any good however, unless there is a claim against insurance for the directors
It's ironic that i reported Todd's antics to ASX late May 17 and they looked into STL In June.
Yet no enquiry was made into Todd by ASX,
Should be a claim against ASX just there
https://noadvertising.com.au/attachments/stlrpt5-74488.jpg
STL Price at posting:
1.9¢ Sentiment: Sell Disclosure: Held