Yes Pete11, the cult of GroupThink - tell them what they DESPERATELY want to hear. This continuing suspension is making no sense to me either. What if all companies suspended their shares due to uncertainty about a FUTURE event? Well all future events are uncertain, therefore companies should suspend themselves indefinitely. Have a look at IGC to get an idea of what may happen. Boom! suddenly suspended and nothing heard since.
What is ASX doing to investigate NKP's right to continue suspension. I wonder when ASX will force them to re-instate. They do have have the right but I have never seen them use it.
Perhaps they're working on the cap raising, telling SI that the last traded price was 45?
Like you I regret ever coming near this one.
avarive
NKP Price at posting:
45.0¢ Sentiment: Hold Disclosure: Held
