ANS 0.00% 1.7¢ austsino resources group limited

Ann: Extension of Voluntary Suspension, page-13

  1. 2,989 Posts.
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    D, I believe, from memory, the ASX rules state something to the effect that, if the reason for the extension (ie, "a possible fundraising and strategic investment") is unchanged, then the further extension does not need to be Price Sensitive.

    So clearly ANS and SDL dates aligned, again, so at least we can safely assume it relates to a deal between the two companies.

    From ANS' perspective, remember that ASIC/ASX will be casting a wary eye over all ANS announcements so the i's and t's will probably need to be triple crossed. They may also require, as they did on relisting, any Chinese funds to be in the Australian bank accounts prior to any announcement.

    Regardless, doesn't look like we shall have to wait much longer. We've been waiting for something of this magnitude from ANS for years so a few extra days won't hurt.

    GLTAH.
 
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