ROB 0.00% 0.4¢ robe australia limited

re: Ann: Update on Mongolian Coal exploration... Having been...

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  1. 4,331 Posts.
    re: Ann: Update on Mongolian Coal exploration... Having been watching ROB since the option to aquire the coal project i noticed in the first announcement about the option has some fairly stiff language that holders need to read under the date table for how it would happen, its saying that if time lapses 60 days that the ASX will suspend ROB, also they will be suspended if shareholders vote for the aquisition until March 2012 with a possibilty of suspension if the deal lapese more than 60 days, after reading this im going to pass on this one, it sounds very promising and it could be a huge money maker but the talk of suspension on no trading until March next year is something i hope all holders have read. Good luck with ROB but im going to sit on the sideline as an observer.

    11th of October is the announcement to read.
 
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