AVZ 0.00% 78.0¢ avz minerals limited

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-30

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  1. 422 Posts.
    lightbulb Created with Sketch. 41
    Well, they're saying that
    https://hotcopper.com.au/data/attachments/5927/5927039-fdd02df46524930971a2056878facfc0.jpg
    which indicates that they think they can answer the disclosure requirements to the ASX satisfaction.

    So that probably means that they prefer to stay suspended as long as possible to prevent the shareprice from collapsing and simply haven't asked the ASX to change the reason for suspension from "due to listing requirements" to "on company request".

    Only once they really need the money, they'll ask the ASX to come out of suspension and start using Continuity to issue new shares at whatever price is available.

    Delisting is the one option that they need to avoid at all costs, since it makes it impossible to raise new funds, which would mean curtains

 
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Currently unlisted public company.

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