@mackeral .. Suspension is a bad thing. For a junior company being in suspension for more than 5 days in any year has negative consequences for cap raising. Something about needing a disclosure statement (prospectus) ..
Here it is...
"Entities should note that cumulative suspensions of longer than 5 days in any 12 month period can affect an entity’s ability to undertake a ‘low-doc’ rights issue or use a‘cleansing notice’ to cleanse a secondary sale of securities issued without a disclosure document or PDS."
https://www.asx.com.au/content/dam/...se/module-9-trading-halts-and-suspensions.pdf
You do not cause a suspension if it can be possibly avoided for a junior. It's one of those obscure rules most punters on ASX don't know about, but the company secretary and Scott will know about it!!
Ann: Trading Halt, page-521
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