There are a lot of people that want to get out of this stock due to the current debacle.
A run on the stock wold further impede their ability to raise capital and fend off administration.
This suspension is nothing but self preservation.
They need to sell a large chunk of this company to a large investor ASAP, retailers wont touch it. The last failed CR showed that.
The point of an extended suspension, page-4
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Last
$15.71 |
Change
0.010(0.06%) |
Mkt cap ! $301.9M | |||
| Open | High | Low | Value | Volume |
| $16.00 | $16.01 | $15.49 | $3.254M | 230.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100 | $15.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.20 | 700 | 2 |
View Market Depth
| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| AVR (ASX) Chart |