NNG 0.00% 2.0¢ nexion group ltd

Ann: NNG Continuation of Voluntary Suspension, page-9

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 4,237 Posts.
    lightbulb Created with Sketch. 468
    Agree. I think Management got either scared, or forced into the suspension.

    Chart had reached a technical breakout at the same time as they were discussing a transaction and they choose (or got forced) to stay suspended, instead of simply restating what had already been communicated to the market in the half yearly (A new wholly owned subsidiary Nexion Infrastructure Pty Ltd was incorporated on 16 January 2024 for the purpose of holdingadditional data centre property assets.) and that they were in discussions, but they had not been finalised and may not progress.

    There needs to be an announcement first thing Monday either way and Directors should make sure this is trading again as well.
 
watchlist Created with Sketch. Add NNG (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.