Ann: Voluntary Suspension Extension Request, page-49

Wow this really has degenerated into a pointless debate about ethics. Corrupt dictatorships and genocide aren't good for business.

I sold MYL when I became unhappy with how they were managing sovereign risk. I don't get why anyone thinks it best that MYL stays in a trading halt, or that it somehow protects shareholder wealth. MYL is an ASX listed company and it is supposed to trade. The listing rules are clear that suspensions and halts are to be kept to a minimum. MYL management has no control over what is happening in the country and hoping for good news isn't a reason not to trade.

Risk tolerance is personal. While MYL isn't trading ,investors who want out are denied the opportunity. Based on what I've read the situation in Myanmar has only got worse since the coup and investors who would have bailed early are now worse off. When MYL starts trading again it will be volatile, but in time the share price will settle to what the market thinks is value.

Sympathies to those who aren't comfortable with the risk but are denied the chance to sell. I hope the situation in Myanmar improves for everyone.