Anyone have any idea what is actually going on here?
I haven't seen a CR turn into a suspension.
Possible Negative Outcome:
1. Cannot reach CR target - under-subscribed. I've never seen this happen before but essentially my thoughts would be that the company would be put into administration?
Possible Positive Outcome:
1. Is it possible that a large company is wanting to buy a percentage of the company?
Just trying to think of why this is taking so long and trying to think of all outcomes. Perhaps terms are still being worked out? It's still a voluntary suspension so really could be positive or negative and we really don't know which way this will go. Obviously the initial response is to think negative and I am certainly guilty of that.
Would love some feedback or alternative suggestions. I only have a small holding so I'm not overly concerned either way.
CIO Price at posting:
0.8¢ Sentiment: None Disclosure: Held