My complaint is with regards to the now over 3 weeks suspension self imposed by NKWE Platinum asx code NKP.
They have a woeful history of keeping their shareholders informed. And indeed were in suspension for a period of 4 months not so long ago.
Under ASX listing rule 17.2 They must state how long suspension will last. And 2 give the event it expects to happen to end the suspension.
It has complied with 2 in as much as stating in reference to a joint venture announcement, but shareholders are continually left uninformed with regard to HOW LONG SUSPENSION WILL LAST.
I believe that ASX should contact the COY and enforce ASX rule 17.2 by requesting a further detailed announcement, or state on site the original suspension announced time they stated . Always , the aim of the ASX should be to ensure that shareholders are kept fully informed, this is not happening at the moment and indeed never happened during the previous 4 month suspension. ______________________________________________________
Perhaps other bloggers could also follow up on similar complaints to ASX . After all rules ARE rules
NKP Price at posting:
24.5¢ Sentiment: LT Buy Disclosure: Held