Well, they sold their main business (CIO Technology Inc) earlier this year. Not a good look...
In the 29/7/22 quarterly they mention "the ASX who advised that Connected IO will not be granted a further extension of its suspension deadline".
There was probably a notification to shareholders of this possibility in an ann? But it looks like SH were spooked by something in early June and the SP crashed.
Other than that, not sure...
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Ann: Suspension from Official Quotation, page-3
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