the crux is, why should investors in Burraga, and Grace, be penalized for what is in essence, a breach of a 20% disclosure. Whoever the vendors agreed to distribute shares to, if the consideration is the same, if there is value independently investigated by SRK ? does it really amount, to justification for ASX to shaft the mums and dads?
If directors need to be replaced, ok. But why shaft the existing shareholders ASX ?
Thats just giving ASX a bad reputation.
Hardly a just and equitable outcome, that HDY goes into administration and liquidation due to lack of access to capital markets.
Suggest all HDY share holders do same, email. Its not enough to just grimace. Holders need to get some attention to the real injustice here. Or these assets will find their way to some DOCA and will be stolen from us.
Doing nothing. Expect nothing. EMail, call, write, whatever. If you want to open the crack in the door to make ASX see who they are hurting.
HDY Price at posting:
0.4¢ Sentiment: None Disclosure: Held
