"Unless Animoca Brands can make a good case in its response to the Letter, ASX now proposes to remove the Company from the official list pursuant to listing rule 17.12 with effect on and from the commencement of trading on Friday, 6 March 2020."
Hmm... "with effect on and from the commencement of trading"?
Okay, sure, but, well... that time has definitely come and gone already, no?
Is it possible that Animoca Brands have already made a very "good case in its response" and that the ASX is their taking time digesting that (potentially lengthy and complex) response?
Animoca Brands, themselves, might be still waiting on the ASX to respond?
In the ASX's mind, it wouldn't surprise me if there's no need for the ASX to update Animoca Brands (or the market) on their current state of digesting Animoca Brands' response?
If shares can't be traded on the ASX (suspension), then the ASX thinks the market can wait?
There's still some time left today? Perhaps there will be an announcement soon?
AB1 Price at posting:
18.0¢ Sentiment: Buy Disclosure: Held