M4M
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9.52% 2.3¢ macro metals limited

Craig Hart hotline, page-96

  1. MeToo
    7,639 Posts.
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    16/07/21
    12:37
    Post #: 54550973
    Simply......The ASX can "suspend" a company if it's business does not warrant listing or they fall outside the listing rules.
    They will then have 2 years to re comply with the listing rules, if they cannot re comply they will be automatically delisted for long term suspension.

    Length of suspension before delisting is -

    Delisting for long term suspension is 2 years.
    Delisting for suspension for non supply of financials is 1 year.
    In some circumstances an extension can be granted.

    KFE Price at posting: 1.6¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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