Ann: Voluntary Suspension, page-127

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captjohn

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04/01/19

09:58

Post #: 37021269
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Originally posted by randosmit ↑

Originally posted by NZCrow
Just putting it out there and hope I'm wrong.

Not sure you'd make big announcement when Singapore is closed, otherwise ASX holders get unfair advantage so I was wondering if it could even be later in the day?

As well as that thought, there's nothing stopping them putting it out after market closed either.

"The Company requests the voluntary suspension remains in place until the Company makes an announcement to the market, which it expects at this stage to make no later than Friday, 4 January 2019."

Friday, 4 January is still that (Friday the 4th) at market close.

Maybe we get the news then, digest over weekend and open late Monday when both exchanges are open?

I could be completely wrong, just a thought.

I thought I remembered reading that the suspension would lift at beginning of trade Friday 4th.

But I looked just now, I remembered wrong.

Turns out the suspension doesn't have an ASX imposed end-date, instead just a comment from the company saying "expects to make no later than"...

This could mean we don't get an announcement today, and there's no guarantee for Monday either.

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Lotsa dual listed Companies out there on other exchanges in U.S. & U.K etc.
even PLS yesterday was up 25-30% on Wall st ..the night before opening here.

A40 Price at posting: 25.5¢ Sentiment: Buy Disclosure: Held
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Ann: Voluntary Suspension, page-127

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Panic, paranoia, and gangland politics: HotCopper users react to Dubber's missing $26M

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Dale Gillham's weekly wrap: Sigma-Chemist Warehouse merger creates pharma powerhouse

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HotCopper Highlights: Your most watched stocks for Week 47, 2024

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MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

Sales growth pushes Lovisa's fortunes (and shares) upwards