Be realistic. On 5th April 2018, the ASX lifted the trading suspension on ANS shares after the ANS was able to show that the capital raising of $3 million from China received in its bank in Australia. The WAPRC acquisition on ANS this time involves a large amount of money i.e., $100 million from China i.e., 35 times larger than previous one in March 2018. Most likely that the ASX wants to make sure that the $100 million money is with ANS in Australia.
Please note that you also make an assumption that the trading would resume soon. If it is not based on your assumption, how do you know that the trading would resume soon?
Of course, I wish that the trading would resume soon but let us be realistic and be prepared for the worst case scenario. The trading suspension may take months until next year. Have a happy Christmas and new year.....
Why don't you call ANS office and check whether they are able to you give the estimated date when the trading would resume. Good luck.
ANS Price at posting:
1.7¢ Sentiment: None Disclosure: Not Held
