Ann: Notice of General Meeting and Independent Expert's Report, page-232

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ralt

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751

10/05/20

17:59

Post #: 44537323
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Originally posted by R08 ↑

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.

Expand

As usual, pretending to know it all but wrong again.

They were in a trading halt pending the announcement. Details were still being worked out after two days so company asked for voluntary suspension. After discussions with ASX, the requested to remain in voluntary suspension.

They went into a trading halt on 22 Nov

They went into voluntary suspension on 26 Nov

They announced Jayplus deal 28 Nov.

Please do your research more diligently before posting incorrect information.

TV2 Price at posting: 0.8¢ Sentiment: Buy Disclosure: Held
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