A40 0.00% 8.2¢ alliance mineral assets limited

"I have to wonder, have the Singaporean aspect of this company...

  1. 1,641 Posts.
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    "I have to wonder, have the Singaporean aspect of this company forgotten that they have shareholders in AU and are accountable to the ASX?"

    Yes of course. That's why they have coordinated for the shares to be suspended on both exchanges at the same time.

    /sarcasm

    What happens next is the shares stay suspended. If there isn't an announcement by market open tomorrow morning, the ASX will send them a "please explain" letter, asking for a new expected date for the announcement. The suspension will remain in place regardless as the announcement still has to be made.

    Most likely we will have an update, either the announcement or another extension, before market open tomorrow. If not, I will have to agree that there's been a slip in the standard of market disclosures, as not having an announcement by tomorrow morning would create a great deal of uncertainty.

    Cheers
 
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Currently unlisted public company.

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