CGB 0.00% 2.1¢ cann global limited

Ann: Request for Extension of Voluntary Suspension, page-12

  1. 2,120 Posts.
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    You might well be right there Bas in having a doubt for a resumption tomorrow and cheers for the good wishes on all the suffering lol - could be worse, we might be Ukranian residents. Slava Ukraine !

    Imo the ASX have been way too lenient in granting ext after ext.
    In fact the 1st suspension/th was due to resume on a Wednesday from memory, then they decided to make it Fridays for some reason.
    The vast number of suspensions I've seen over the years have also included an actual time - such as 'before 10am' or 'pre market open' - no such thing here which is a bit loose.

    Then we have the statement of not seeing any reason why the extension should not be granted...

    Surely the ASX personnel (two of them) should be asking questions in that case ?

    There hasn't been any mention of 'confidentiality' in the extension requests.

    It's now 2 Months since the ability of shareholders to freely trade has been denied with no reasonable explanation as to what this proposed acquisition is about.

    Imo this situation is a little bit whiffy and no indication of proof either from the ASX that these extensions hold any merit after all this time.

    Let's see what happens tomorrow anyway ...

 
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