Australia's largest stock trading and investment forum Australia's #1 stock forum

CTL

Click for more information

0.00%

0.0¢ cleantech lithium plc

Questions for CTL A.G.M, page-9

First 9 Last

Share
Profile

Follow
Eaglebird

766 Posts.

57

09/01/19

22:59

Post #: 37074431
Share

Originally posted by D1326 ↑

I don't think an audit could have been done unless they have paid off their debts.
However you must go to ASIC if you have not done so yet as you cannot do a class action unless you have exhausted all other avenues. I think you only need about 7-10 shareholders who have suffered a loss to commence a class action. We have rights under the Corporations Act which are enforced by ASIC and when that fails we have rights under common law, hence the class action. I also think the courts ( common law) may be more willing than in the past to stand up to corrupt directors. This is since the Royal Commission and after February/March depending on what comes out they may be directed to enforce these common laws. The timing could be in our favour
Many of us have already gone to ASIC and the more the merrier

Expand

Yes - I have lodged a compliant to ASIC and encourage others to do the same to put an end to type of company behaviour. This sort of thing mostly only happens because good people don't act soon enough.

CTL Price at posting: 0.9¢ Sentiment: None Disclosure: Held
4 Upvote

0 Great analysis

Reply

Top Stories

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

Breaking news: New opportunities for investors & companies - HotCopper opens to capital raising!

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

There are more pages in this discussion • 8 more messages in this thread...

First 9 Last

Add CTL (ASX) to my watchlist