TV2 announced the JayPlus deal. Was then asked for a please explain from the ASX and placed in halt.
At that point entered into “voluntary suspension” at the ASX’s request as they needed to vote in the IP transfer first - then show proof of funds or receipt of funds from JayPlus in order to satisfy the ASX and be officially reinstated to the boards.
So yes, you are correct in point - the company had the choice to go into suspension “voluntarily” or the other ASX option is enforced. The company only had one choice.
Was obvious from their very first JayPlus announcement that they did not assume suspension would be forthcoming or necessary on their part UNTIL the ASX came knocking.
Based on announcements released by the company and references therein to the ASX’s queries.
