is it just me, or does it seem strange that one piece of information is stopping them doing reports for 2 years. Does it not make sense that if the company wanted to, they could meet with ASIC/ASX and sort out how to report the worst case scenario to share holders, so as to accurately warn them and just move on?
It's just seems entirely foreign to me, to hold up on 2 years worth of trading and potentially capital raising activities just because of 1 piece of information from a foreign company which has no juristiction places over it by the governing bodies of the australian exchange or business authorities..
maybe i am out of line here, not sure.. just curious on this though as GCN may now be required to get paperwork from many china vendors as P1 (if P1) gets rolling.
GCN Price at posting:
1.6¢ Sentiment: None Disclosure: Not Held