ANS 0.00% 1.7¢ austsino resources group limited

Ann: Company Update, page-56

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  1. 8,664 Posts.
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    No need to preach me and show your superiority. LOL


     Definitely, $800K is not from ANS. Full stop. IF IF it is from ANS, the management of ANS has already disclosed it this morning via ASX. Up to now, there is no announcement from ANS. So we can definitely assume that the funds are not from ANS.

    Based on the facts up to day, it is less likely that the acquisition deal will be completed by 31 March 2019. Face the reality.

    Let us hope that new sophisticated investors will be an international large company who will submit the acquisition deal on 1 April 2019. If there is new reputable bidder, the ASX will not raise any question regarding the capital structure and source of funds pf the bidders and SDL trading suspension can be lifted by the ASX in April 2019. As a SDL long term suffering holder, we deserve a best deal for SDL .

    It is a matter of time that ANS and SDL trading suspension will be lifted but they may have different fate and destiny.

 
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Currently unlisted public company.

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