It's good to get announcements like this from AB1, but these ongoing suspensions are becoming a real concern.
Suspensions of this nature are not a good look, and they will start to have an impact on the company's credibility....if they haven't already.
Last year, six Chinese companies were delisted from the ASX, mostly due to reporting and other governance issues. So it really needs to get its act together, in respect to its administration, and start complying with the rules and regulations laid down by the ASX.
Maybe other holders don't see it that way, but my excitement and positivity about the company has definitely waned over the past few months, due to these issues.
,,,,I'd be interested to hear the opinion of others on this.
mm
AB1 Price at posting:
18.0¢ Sentiment: Hold Disclosure: Held
