For those that took the time to complain to ASIC about what I believe were misleading finance statements, time to do a follow up email.
FIY sent by me today.
TPG.
Good Morning ,
It is disappointing I have heard no further from ASIC or in the press, action has been taken against directors for misleading statements.
I would like to share with you what a ASX 5B statement, finance facilities available 3.1 and notes looks like when their is conditional finance documentation. ( example is from SEH, Sino Oil & Gas ).
NOT the incorrect, misleading 5B document & statements made to Alcyone shareholders.
Your further response at anytime would be welcome.
Appendix 5B.
Mining exploration entity and oil and gas exploration entity quarterly report
+ See chapter 19 for defined terms.01/05/2010Appendix 5B Page 3.
Financing facilities available.
Add notes as necessary for an understanding of the position.
Amount available $USD’000 Amount used $USD’000
3.1 Loan facilities$50,000*$10,000
3.2 Credit standby
arrangements - -
*Note: Tranche B of $40m available on satisfaction of conditions precedent (including Macquarie obtaining internal credit approvals). Refer to ASX announcement 29/08/2014.
AYN Price at posting:
0.1¢ Sentiment: Hold Disclosure: Held
