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2.1¢ cann global limited

Ann: Removal from Official List, page-26

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StockObserver

1,309 Posts.

583

02/03/24

22:23

Post #: 72715152
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Originally posted by mangy: ↑

CGB was delisted in accordance with Listing Rule 17.12.

"The following entities have failed to lodge the relevant periodic report in Listing Rule 17.5 for a continuous period of 1 year after the deadline for lodgement
of that document"

The ASX is of the opinion that the company is either unable or unwilling. Just two options.

I'm not convinced, based on the released information, that CGB, with over $8 mil in cash, has been "unable" to comply with basic financial reporting requirements for over 12 months.

The Cannglobal investor center link is not working for me. Is it working for anyone?

I'd like to read the directors code of conduct.
I wonder how "acting, or failing to act in a way that results in the company being involuntarily delisted" fits in with the directors code of conduct?

From the October 2022 Appendix 4G:

Expand

You would have to wonder why the asx would accept any request to relist from a company and individuals who have been unable or unwilling to comply with listing rules....?

Can anyone point to recent examples of such?

It's an expensive process to list on the asx isn't it? More expensive than an expensive auditor? Lol

Oversight they say?

CGB Price at posting: 2.1¢ Sentiment: None Disclosure: Not Held
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