What a lot of nonsense again!
Typically always finding a reason why you don't contact the Company or in this instance the ASX.
It is obvious that you have never made an enquiry to the ASX, they actually do reply with their outcomes particularly if the enquiry is a breach of any listing rules.
Now you are plainly making things up, or they are real only in your mind?
re" "for all we know the ASX may have asked them why they have failed to maintain the disclosure laws and they haven't even replied to them."
If the ASX has requested information (aware letter?) because of a breach of Continuous Disclosure obligations, then the Company will make an announcement, that includes;
~ the Aware Letter
~ their replies
Q: Why did management refuse to release information to the ASX?
I'll answer it for you, because you either won't because you will then have to concede you were / are talking rubbish.
There are two answers,
A: They didn't refuse to answer at all, the information the submitted was deemed inadequate by the ASX - hence the suspension.
A: The Company are following the rules of the regulatory body (ASX) that has used another rule (17.3) to suspend them.
The information is a confidential and incomplete proposal or negotiation and insufficiently definite to warrant disclosure, pursuant to the limbs of Listing Rule 3.1A.
Looking at the clauses of when you don't have to disclose and that includes disclosing to the case officer of the ASX.
3.1A.3 -- sorta rules some posters out
cheers
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