IOU anticipates that the trading halt will be lifted on or before the commencement of trade on Wednesday18 August 2021, or following the provision of an announcement to the ASX, with respect to orders being sought from the Federal Court of Australia to securities that were issued on 3 March 2020. The Company is seeking relief under section 1322 of the Corporations Act (“Act”) to validate the issue and any subsequent sale(s) of those shares since their original issue to ensure full compliance under the Act with respect to that issue of securities.
IOU Price at posting:
26.5¢ Sentiment: Buy Disclosure: Held
