Ann: Foxleigh Mine - Coal Price Update, page-28

First 28 Last

Share
Profile

Follow
Bright30

3,703 Posts.

228

21/12/16

18:28

Post #: 21496313
Share

Originally posted by 3under ↑

On 2 November 2016 ASX released a consultation paper advising of a change in its policy about immediately suspending a listed entity that announces a back door listing transaction. ASX will now allow such an entity to resume trading (at least up to the date of the shareholder vote approving the back door listing) if it makes an announcement that contains all of the information referred to in proposed new Annexure A to GN 12 and ASX is otherwise satisfied that the announcement includes sufficient information about the transaction for trading in the entity’s securities to take place on a reasonably informed basis.

Accordingly, the onus is on RRP’s board to make an announcement that meets these requirements so that its securities may resume trading ahead of the shareholder resolution approving the Foxleigh transaction. If RRP does not make an announcement to ASX’s satisfaction, then RRP’s securities will remain suspended until its re-compliance with chapters 1 and 2 of the Listing Rules. To date, ASX is yet to receive from RRP any proposed announcement in order to satisfy the requirements of Annexure A of GN 12. RRP’s announcement of 6 October 2016 also said that it intends to update shareholders in due course as to the timetable for re- compliance.

Expand

OMG you copied that from the December post and pasted here, PLEASE DONT QUOTE ME 3UNDER.

You haven't offered anything constructive to this thread. Only to bait me.

RRP Price at posting: 4.1¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

Bitcoin jumps 8% to beat record on Trump vote optimism

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

SI6

Nanocap Si6 Metals to kick off drilling at Monument gold project WA, chasing past hits

LRD

Lord picks up high-grade copper play in Western Australia, with past intercepts of up to 6.62%

There are more pages in this discussion • 44 more messages in this thread...

First 28 Last

Add RRP (ASX) to my watchlist

Ann: Foxleigh Mine - Coal Price Update, page-28

Top Stories

Bitcoin jumps 8% to beat record on Trump vote optimism

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Nanocap Si6 Metals to kick off drilling at Monument gold project WA, chasing past hits

Lord picks up high-grade copper play in Western Australia, with past intercepts of up to 6.62%

Featured News