"It is possible that Samson’s activities on its retained properties post the sale to Eagle Energy, as described above, will be sufficient to satisfy ASX that the Company’s securities should continue to be quoted. However, if this is not the case, then ASX customarily allows listed entities a period of up to six months to identify and announce its intention to acquire further assets or a new business. If the Company is unable to announce such an intention within this timeframe, ASX will generally suspend quotation of the Company’s securities at the end of the six-month period. The suspension would continue until the Company makes an announcement about its future activities which is acceptable to ASX."
COL
SSN Price at posting:
0.2¢ Sentiment: None Disclosure: Held
