Friday's AFR had a 1/4 page devoted to KZL and the purchase of LL. In it the CEO mentioned that the suspension for not lodging the financials had to do with the "i"s being crossed and the "t"s dotted.
danyal78 could have hit it on the head. Maybe the wording was not to the liking of the lawyers and the M&A has moved to overtake the 1/2 yearly.
BB, WSA had $160.9m cash as at 30th Dec 2011. We obviously have different opinions wrt how KZL will react when it is relisted. That's OK.
HT1
KZL Price at posting:
31.0¢ Sentiment: None Disclosure: Not Held