Originally posted by jefferies2
It's difficult to identify the cause of the delay that led to suspension.
The timeline is clear:
ASX suspends MED 1 Oct.
Auditors sign off on the accounts 7 Oct.
MED submits accounts to ASX 8 Oct.
ASX lifts suspension on MED ?????????????????
Interestingly, MED submitted the accounts immediately after they received the auditor's signature.
I've never seen another company suspended like this before without informing the market regarding the nature of the suspension.