Sundance has done a deal with ANS. Because ANS has to show, that it is no fake-deal, they need to provide information and confirmation to ASX, that shows, that the (possible) new investor will be able to finance the deal (Warpac and valid/extended also for the other new investor).
So, what, if ANS can't provide the needed information: The deal must be canceled. And thereafter, both companies can do "business as usual", or not? And if not, why not?
I'd say that Sundance (in that case) hasn't failed. So, why should there not be normal trading after that?
- Forums
- ASX - By Stock
- Ann: ASX EXTENSION TO DEADLINE FOR AUTOMATIC DELISTING
Sundance has done a deal with ANS. Because ANS has to show, that...
-
-
- There are more pages in this discussion • 40 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SDL (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Director
Nick Poll
Executive Director
SPONSORED BY The Market Online