AMA 1.67% 5.9¢ ama group limited

Re: suspension.Read the statement from Allomak. it all makes...

  1. oze
    8 Posts.
    Re: suspension.

    Read the statement from Allomak. it all makes sense.

    The auditor could not sign off on the accounts because the EGM is not until 2 October with some significant resolutions. Assuming these are resolved positively, the accounts can be finalized, signed off by the auditor, lodged and trading recommenced.

    The ASX automatically suspends a stock if its accounts are not in by 30 September. AMA just got caught because of the timing of the EGM.
 
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