ASX should have litigation taken against them for the failure of applying ASX rules on other entities.
Given recent investigations, by statutory authorities, doesn't the ASX have something better to do?
Well, the ASX doesn't have to answer to anyone. They make the rules.(enclosed in a little red book).
IMHO,HDY has been made a "whipping boy" because of a disgruntled shareholder.
I am totally ignorant to whether an ASX employee/investigator is allowed to hold shares,
so, I can not extropolate any further. They make the rules, and they enforce the punishment.
The only positives to come out of this debacle, is that HDY, is in a great position.
This is why I believe in the board, and the future of the tenements they have.
If for no other reason, the "nearology" aspect of areas held, could enhance SP, as recently
seen with BHP and RIO anns. HDY is very close to NCM, think what you will.
At the end of the day, the market will decide, not regulatory pedantics.
I want to buy, but can't because of all this ASXBS, which is costing SH money.
ASX, delist, or reinstate as soon as you get off your 10th coffee break.
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