The only positive I can see, 4 months gives FNP the opportunity to:
- Clean up the mess (inventory, past reporting etc)
- Sort out financing
- Appoint a credible CEO and CFO
- Get that CEO into the business
- Post a positive Q1 trading update
- Post a positive F21 outlook
If this plays out before the halt is removed end-Oct, the SP might not take such hammering when trading commences.
Most likely wishful thinking, but lets see.
Ann: Update on Suspension from Quotation, page-11
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Last
11.8¢ |
Change
-0.003(2.08%) |
Mkt cap ! $32.56M | |||
| Open | High | Low | Value | Volume |
| 11.8¢ | 12.0¢ | 11.5¢ | $11.79K | 100.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 264360 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 79447 | 1 |
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| Last trade - 15.59pm 02/08/2024 (20 minute delay) ? |
| NOU (ASX) Chart |