Companies that list on the asx should get process audits. Compliance with standards/published governance and process. A gold tick silver etc tick every ??. Like an ISO compliance. Publish your processes and have them audited. Part of governance. Trade without it yes but if you have it... all the better. Magnis would have traded without it but at least it would serve as some kind of warning to the punters.
It was so obvious Magnis was a basket case. Info on the im3alltalk facebook page directly contradicted what the Morons were putting out in their announcements. EG... semi automation achieved. im3alltalk facebook was saying equipment and factory were still being built. Im3alltalk facebook said 1st cell made months after the Magnis asx announcement.
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Companies that list on the asx should get process audits....
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