IHS 10.0% 4.4¢ interpose holdings limited

I love it when it's quiet, page-10

  1. 101 Posts.
    Evening chaps.

    Noticed on the announcement dated 31st October, "Following the disposal of the Company’s main undertaking the Company has a 6 month period in which to comply with ASX Listing Rule 12.1, in that the Company’s operations, must in ASX’s opinion be adequate to warrant quotation and continued listing. "
    Does this mean we have 6 months from this date to land a deal?

    Also liked
    "The directors of the Company now intend to investigate opportunities from within and outside the oil and gas sector."

    Cash burn rate currently 319K a quarter, just wondering if this is within normal spend rate for a shell looking for a deal?

    Certainly looking to purchase.
 
watchlist Created with Sketch. Add IHS (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.