CMV 0.00% 0.6¢ cma corporation limited

suspension this morning

  1. 17 Posts.
    I find the language used by the company to be curious. They just raised circa $80m (in theory) making the company near debt free. Why would they need to (a) raise capital, or (b)(negatively) restructure banking. Has it used all this cash in just 2 months?

    Has the company kept the market informed of any variation in performance?

    Why go into suspension rather than a trading halt? Seems like they want more than 2 trading days to sort out.

    Any thoughts?
 
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Currently unlisted public company.

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