MOL 0.00% 6.9¢ moly mines limited

Here is the link to the ASX Rules and Guidance...

  1. 169 Posts.
    Here is the link to the ASX Rules and Guidance Notes:

    http://www.asx.com.au/documents/rules/Chapter17.pdf

    http://www.asx.com.au/documents/rules/gn16_trading_halts.pdf

    Looking more closely at the Company Announcement - there is no reason or justification or benefit that I can see.

    Only a good opportunity for the share price to be trashed and for some cheap buying ....at less than one third of the cash value of the company.

    I will be writing to ASX to object to any proposed Suspension.

    Would be happy for anyone to explain why ASX would agree?

 
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Currently unlisted public company.

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