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A stock rarely comes out of a long suspension in good shape, but...

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gustaaf

2,247 Posts.

130

08/09/20

13:30

Post #: 47173460
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Originally posted by TasTroy ↑

Well its been 4 months now since we went into suspension and still no way out.
Surely this has to be more than just an administrative hiccup with the ASX by SKN to take this long.
I was in a similar situation with AOW and after 12 months it was delisted and all its shareholders lost everything - meanwhile the company is still operating in AU and the USA.
The gov deals etc and the product all sound great but if SKN never trades again we obviously will not benefit .
not down ramping just concerned.

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A stock rarely comes out of a long suspension in good shape, but it isn't impossible. Unfortunately you are invested in an unreliable company with an unreliable CEO. There are no government deals by the way, just a distributor with some ties to government departments that may not lead to any sales.

Last edited by gustaaf: 08/09/20

SKN Price at posting: 8.0¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 0.4¢		Change 0.000(0.00%)		Mkt cap ! $2.358M

Open	High	Low	Value	Volume
0.4¢	0.4¢	0.4¢	$446	111.3K

Buyers (Bids)

No.	Vol.	Price($)
5	2239000	0.3¢

Sellers (Offers)

Price($)	Vol.	No.
0.4¢	1253765	7

View Market Depth

No.	Vol.	Price($)
5	2239000	0.003
6	3668669	0.002
9	7801102	0.001
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.004	1253765	7
0.005	3215000	2
0.007	1457000	2
0.009	30000	1
0.012	12000	1

Last trade - 10.08am 03/06/2024 (20 minute delay)

SKN (ASX) Chart