For me, this announcement makes absolutely no sense (coming from ASX).
The company has traded at .5 cents before today, it has had recent volume higher than the current amount and only a very small number (162,000 shares) were sold for .4 cents.
What is there that is fishy per what ASX have asked them?
Bizzarre that they issue a speeding fine for effectively "dropping" to the price they were already sitting at!
It touched down to .6 cents on 50 mil volume mid June, and ROSE from .7 cents to 1.4 cents on over 150 mil volume in March. No notices then - so what are the ASX thinking?
No questions about the significant amount of suspect trading (marking the close, 100 share parcel purchases to make it look more attractive etc) which is against ASX's own rules.
It's like an epic tragic commedy...
CVI Price at posting:
0.6¢ Sentiment: LT Sell Disclosure: Not Held
