re: Ann: Successful Completion of VentrAssist... Abu i'm still trying to find the appropriate info as i got it from an answer to a question to a director of another company as to why the company had not elected to a short suspension.
quote.......
"You may not be aware of ASX rules whereby any suspension of trading (as opposed to a simple trading halt, which must last no longer than two days before it automatically triggers a suspension of trading) has major restrictive implications for the ability to raise capital over the following twelve months. Even thirty minutes of suspension would prevent a company from being able to do a share placement plan (SPP) or short-form prospectus for a full year.
Finding your way thru Asx rules etc is no easy feat Abu!!!!
Got to be something to do with listing rules etc.
Anybody else have better info?
Of course with VA this may not even apply as they may also have some special rules they alone can act under for the good of the company etc. Things are not so easy to find out sometimes.
- Forums
- ASX - By Stock
- VCR
- Ann: Successful Completion of VentrAssist BTT Tri
VCR
ventracor limited
Ann: Successful Completion of VentrAssist BTT Tri, page-15
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)