CGB 0.00% 2.1¢ cann global limited

No Seriously - Where's the update?, page-161

  1. 2,154 Posts.
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    Laugh so hard you shed tears ?? Best way mate ..lol

    Well, tomorrow (or as SF stated in the last extension said, 'BY 30th June') is locked in by him.
    Er..locked in by him but facilitated by the Regulators.
    Odds on that date being shifted once again are high imo based on the behaviour to date - since September 2022.

    If the envelope is even stretched to Sept 2023 for suspension, one would wonder where a Gov't Oversight body might have to step in.

    Otherwise, this current situation sets a precedent across the board - lock up shareholders' ability to trade the shares they hold for 12 months ?

    If the end result were to be that every listed company were allowed the same 'facility' of a 12-ish-month progressive extension suspension due to (in this example) 'potential' 'acquisition/s' - well, hey, all sorts of manipulation of the market could imo occur.

    Looking forward to a tearful giggle in the morning if the ASIC-controlled (regulatory-wise) ASX entertain yet another extension.

    Cheers y'all






 
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