I also have a feeling about this suspension was an attempt chicken solid in capital raise without bringing the motions to a meeting of shareholders. The ASX may have balked at their proposal to do it without shareholder approval and advise them it must go to a meeting of shareholders.
Unless there is something further with obsidian I think the news of financial restructuring has already been revealed but now the cats out of the bag it has to remain in trading suspension until the motions are approved or rejected.
SYT Price at posting:
0.2¢ Sentiment: Sell Disclosure: Held