TV2 0.00% 0.8¢ tv2u international limited

Ann: Suspension from Official Quotation-TV2.AX, page-150

  1. 2,158 Posts.
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    @Scarpa

    "Doesn't matter. As I posted earlier on its ineptness, wether an honest mistake or an attempt to deceive IMO" (sic)

    Actually it really does matter.

    An honest mistake can be cured by establishing a defence under s. 1322 Corps Act. That section provides the defendent the basis for a defence against a breach of s. 708A Corps Act.

    If it is proven to be deceptive conduct then there will be no defence available under s. 1322.

    And ineptitude is not a crime (sadly) unless the conduct can be established to be negligent.

    Simple but crucial.

    Enjoy the day folks - and do not let TV2 consume your thoughts. It is a spec stock with some good prospects and it also has the attendant risks associated with the speculative end of town.
 
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