CORPORATIONS - director's duty - the directors of a public company caused the company to provide to the Australian Stock Exchange (ASX) an announcement which was misleading or deceptive - the announcement was released to the public by the ASX - trading in the shares was influenced by the announcement - the company failed to make continuous disclosure of price sensitive information - the directors of the company authorised the making of the announcement - contraventions by the directors of s 180(1) and s 674(2A) of the Corporations Act - the directors and the Australian Securities and Investments Commission proposed a minute of consent orders - disqualification of the directors from managing a corporation - pecuniary penalties - whether penalties proposed were appropriate.
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