CCZ would remain in suspension until the regulator makes a decision. I suspect this will be after the state election on March 23. The decisions could range from all fixed resume operations, to a fine and resume operations, to loss of licence. Given the uncertainty in the result a suspension from trading is appropriate. If CCZ was trading they would be smashed and the worst outcome priced in IMO, (ie cancellation of Cangai licences).
I am mildly encouraged that there has been no decision yet. The longer the delay the less likely that the licences will be cancelled??
Ann: Request for Extension of Voluntary Suspension, page-9
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Last
1.1¢ |
Change
0.001(5.00%) |
Mkt cap ! $5.198M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 1.1¢ | $5.678K | 540K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 8668871 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 2908819 | 4 |
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| Last trade - 13.59pm 22/11/2024 (20 minute delay) ? |
| CCZ (ASX) Chart |
