Post by
RONNIE111 on Nov 20, 2019 9:03am
Titan Halt - another possibility
I just thought of another reason Titan might be halting.
We have dismissed the ASX regulators , or other Aus regulators, as being useless, and the ASX is a free for all. But when thinking about that , it is unlikely that it is that- a free for all. There are many entirely legit companies listed on the ASX and the last thing they would want is for the public to have the perception that the ASX isn't squeaky clean. And these would be the big bucks companies. For them honesty is 100% the best and only policy.
Anyway, and maybe this is hoping too much, perhaps the Aus regulators are ready to move on Titan. Maybe they have spent the past 6,7 months building their case. The share price manipulation that Titan is doing is blatant, totally obvious, and I would think easily proven if you had access to the records that the ASX would have. The false reporting would fill volumes. The not reporting material facts, more volumes.
The TSX and Canadian regulators ignored all our requests to look at the initial merger deal, even though there was a lot of complaining and some easy to see questionable actions. Canadian regulators have a reputation of having at least some interest in keeping things somewhat honest; and realisitically Australia probably isn't much different. It is fun to throw barbs at them, but perhaps that isn't totally warranted. They might be just slow to act.
So I am willing to let the Aus. regs. prove me wrong ,from my previous slaggings; or right, from my , just now, revised thinking.
Anyway, just looking for a happy ending here, and Titan losing its' listing would be happy indeed.
Comment by
1kgcoffee on Nov 20, 2019 2:25pm
Nice theory but why would Titan be the one to request the halt? If they were having issues with regulators then the asx would have halted them. They would not have requested a halt. We'll know probably tonight.