The worry is it is suspended from trading, which is really different from a trading halt for a pending announcement.
I can't tell whether it is an ASX or company driven thing but either way it has to be substantial one way or another otherwise they would not have gone into a suspension. Something niggles me but I cant put a finger on it and even their last briefing update doesn't give any insight and they have an AGM coming up before the end of the month.
The increase in the last 20 days should not be alarming and by comparison of others should not have even warranted a "speeding fine" and yet they got pinged by the ASX then sought a voluntary suspension which is usually the sequence of events for an "oh oh, give us a legal safe house til we get this sorted out"....
COZ Price at posting:
8.1¢ Sentiment: None Disclosure: Not Held
