The following statement on page 3 of the quarterly piqued my interest:-
"The Board and its legal advisors are continuing to work with the ASX in relationto the Remediation Proposal, in the hope of obtaining an outcome that is in the bestinterests of shareholders".
Does that suggest that the ASX is comfortable with the proposal with just some fine tuning required?? Not sure that I'm comfortable with any outcome that retains the current board - I think it's a non negotiable that for HDY to move forward, they all must go.
HDY Price at posting:
0.4¢ Sentiment: None Disclosure: Held