CGB cann global limited

Ann: Request For Voluntary Suspension extension 7 days, page-38

  1. 1,311 Posts.
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    Guys, done a bit of research and this is what I have found:

    ASX Listing Rules - Guidance Note 12 - Section 2.4:
    "For clarity and ease of application by listed entities, ASX has adopted 25% as an appropriate benchmark for determining whether or not a transaction involves a significant change to the scale of an entity's activities that require notification under Listing Rule 11.1. This is also helpful to ASX in ensuring that transactions of a certain size that might also lead to a significant change in the nature of an entity's activities are notified to ASX under Listing Rule 11.1"

    To me this means, the announcement we will see should have an impact to the MC of AT LEAST 25% if not more.
 
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