SSN 0.00% 1.5¢ samson oil & gas limited

Question?

  1. 5,970 Posts.
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    Has anyone questioned TB as to
    Why the Qtrly Report filed with ASX 30/01/2014, omitted the mention of any debt covenant breach? Given that's a major source of capital you'd think it would make the "financial highlights" section.

    Are we Aussies not entitled to the same standard of reporting and disclosure as SEC reports?

    Yes a waiver was granted for the Quarter. Yes its only a "technical breach", as SSN is obviously servicing the debt by making its interest payments.

    IMO shareholders deserve better reporting than what has transpired... or maybe not.
 
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