1MC 0.00% 3.0¢ morella corporation limited

Ann: Extension of Voluntary Suspension, page-7

  1. 152 Posts.
    lightbulb Created with Sketch. 45
    Hey MrA,

    Likewise been through this circus before. My understanding this has more to do with limitations within ASX's rules & process around governance and notifications than the company trying to lead us astray.

    It's all heavy on the leagalease hence the repetative wording. The 3-day TH into VS is following the rules, unfortunately the required wording makes it sounds like the company doesnt know their left from right at times. I gather the rolling VS's is in the same boat. Only valid for 1 week, specific wording required. Feels like more a gap in the system between TH, VS & getting short-term delisted.

    Until it's resolved I expect we'll just see these each week. Not ideal, but not a sinister act either.
 
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