LLL 0.00% 50.5¢ leo lithium limited

Ann: Suspension from Quotation, page-292

  1. 654 Posts.
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    There are always internal discussions going on in a company that the market is not privy to, therefore a market is never "fully" informed.

    Do you think a real top miner, bank or insurance company would go into suspension for a month every time it receives correspondence from a regulator, partner or government agency? It doesn't happen. Granted, we have 1 project so the impact will be huge, but it's hard to come out of the suspension selling there is impact, but it's not material after a month.. If there is something special going on, negotiations, clarifications, that can be handled in private while trading. People can sign NDAs - else companies would be in constant suspension. People can ignore NDAs and governments can ignore their responsibilities but that is life. You go into halt to inform the market when decisions are made and real details can be leaked or something material has changed, not maybe changed possibly we aren't sure, cya in October.

    If you want to be in constant suspension on possibilities, then may as well inform us why because it will change nothing but ease nonsense speculation.
    Last edited by RandomDart: 20/09/23
 
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