Ann: Continuation of suspension from quotation, page-16

  1. 7,275 Posts.
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    Firefinch won't be eligible to be readmitted to quotation on the ASX, they are selling their core asset and have no plans to be an ongoing concern.
    ~ once de-listed, the will remain under the regulations defined in the Corporations Act, the Legislative Instruments Act and the Companies Act.

    They have made regular undertakings to return remaining Capital (cash) back to shareholders and once out of escrow, the LLL held shares to also distributed back to shareholders.


    As for LLL, I hope they are in no rush to get re-listed until such point they have a very clear path going forward.
    I personally think, that re-listing is at least 3 months away for LLL.

    cheers



 
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