Because (according to AVZ) they cannot satisfy continuous disclosure obligations under the trading rules because the intentions of the DRC government are so opaque, therefore AVZ cannot adequately keep the market informed.
It's a bit rich imo for AVZ to suddenly become all pious about trading rules when their own corporate governance has been extremely questionable, at best. You decide what to make of their reasoning.
And if the stock WAS to trade again, it may put AVZ at a distinct disadvantage if a settlement happened to be reached, because the counter-parties could just look at their sp and demand that AVZ's settlement amount be in proportion to their MC. A settlement could in theory be reached before the arbitration case is completed or even starts, if all parties agreed to it. So basically AVZ will be trying to ensure that they are not forced to trade any time soon, imo.
I think a settlement looks like the best outcome for AVZ right now, almost impossible to see them given a social license to operate now given the state of the relationships.
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