The relentless pump is almost entertaining, but the commercial suicide comment is really strange considering that people who read announcements already know MMJ is going into a suspension on 31st August.
b) Re-quotation of shares on ASX
As part of MMJ’s change in the nature of its activities, ASX requires it to re-comply with Chapters 1 and 2 of the Listing Rules. It is anticipated that MMJ’s securities will be suspended from the date of the general meeting convened to seek Shareholder approval for the Disposal until completion of the Disposal, re-compliance by the Company with Chapters 1 and 2 of the Listing Rules and compliance with any further conditions ASX imposes on such reinstatement. There is a risk that MMJ will not be able to satisfy one or more of those requirements and that its securities will consequently remain suspended from official quotation.
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