Anglo Australian Commenced Legal Action over Shareholding Irregularities

  • Dec 01, 2019 AEDT
  • Team Kalkine

Anglo Australian Resources NL (ASX: AAR) has announced that it has started proceedings in the WA Supreme Court over shareholding irregularities involving a substantial number of holders, which includes Anglo Australian Director Peter Stern, the company’s former adviser David Willis and a number of Mr Willis’ financial planning clients.

The company has commenced the action following an investigation prompted by Mr Braham’s requisition.

The action is taken on behalf of and in the interests of all shareholders in order to prevent a potential change of control of Anglo occurring at the General Meeting to be held on 20 December in breach of.

On 29 November 2019, the stock was traded flat and settled at $0.092 from the previous close.



All pictures are copyright to their respective owner(s) does not claim ownership of any of the pictures displayed on this website unless stated otherwise. Some of the images used on this website are taken from the web and are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it below the image.


There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.

Are you wondering if the year 2020 might not have taken the right start? Dividend stocks could be the answer to that question.

As interest rates in Australia are already at record low levels, find out which dividend stocks are viewed as the most attractive investment opportunity in the current scenario in our report.

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK