$75,000 a bit over the top. Nobody gained or lost anything. It was just little mistake and I was thinking maybe $1000 or $2000 fine would be appropriate.
$75,000 a bit over the top. Nobody gained or lost anything. It was just little mistake and I was thinking maybe $1000 or $2000 fine would be appropriate.
So $75,000 plus costs for being ‘negligent’ ……..and publishing untruths in Annual Reports
These things happen sometimes when a few fuddy duddies (though they weren’t too fussy) like Bell, Popplewell and Ford hang around for decades …become complacent
Whatever not a good look governance wise …..the Directors should front up with cash and not put the burden on shareholders
Last edited by winner69; 03-08-2023 at 01:41 PM.
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
You'd think with the focus from RegCo on director's status that HLG would have the right directors listed on its website in the inventor centre....off by 2...one long gone and another new one. doesn't matter much NZX & coy office are correct and the ones that matter & not sure the investor centre gets much traffic (unlike its instagram) https://www.hallensteinglasson.co.nz/about-us
Not sure the TikTok girls would agree HLG's diversity & inclusion policy are being met (or former or current employees posting on glassdoor, for that matter)
Am expecting HLG trading update tomorrow. Any thoughts out there on profit/loss etc. We will not know about div amount until end of Sept. I would be happy with 18c or over for Dec. div. Am only getting about 5.2% int. in the bank compared to HLG 8%+ at the moment. I got a spare bit of $ sitting in CM account itching to go somewhere, maybe more HLG, but might wait for tomorrow update.
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