CGB 0.00% 2.1¢ cann global limited

"4 weeks after that dates it's been 12 months without lodging...

  1. 2,117 Posts.
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    "4 weeks after that dates it's been 12 months without lodging half yearly..."
    "what happens then?"

    Indeed !!

    Well, as I've explained earlier, they've announced a BS explanation of being overcharged for the production of the mandatory financial periodical reports.
    I've never come across anything like that in all my years of experience.

    They've already flaunted the regs on not paying on time annual listing fees (I think I calculated that at being around $15k at the time) under the penalty of being delisted.
    They paid this relatively paltry fee last-minute, however, they learned that the ASX would actually delist them next time around, as they had for others on that list.

    The next aspect is being in suspension for a length of time.
    Dyor, but I seem to remember that period of suspension is 2 years.

    So they have two options for delisting.

    Edit:- reply to @rotorman
    Last edited by Aussie Eagle: 02/12/23
 
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