If I am not mistaken, ODN will be only released back to market after the completion of CR. Since the latest price before suspension was $0.010, the consolidation ratio would be 10:1. See previous announcement few months ago that after the consolidation of capital, ODN will do CR at @ $0.100 to satisfy the ASX Listing Rules i.e., asset test.
I still do not understand why the ASX guidelines re RTO are applied to ODN in regard to immediate suspension? It seems that the suspension is a voluntary decision. Why???
ODN Price at posting:
1.0¢ Sentiment: Buy Disclosure: Held