1MC 6.45% 2.9¢ morella corporation limited

Ann: Extension of Voluntary Suspension, page-20

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  1. 6,374 Posts.
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    A legitimate question there: Why are they doing this in one week blocks?
    It seems SDA is to provide the market with an update and they have asked for a voluntary suspension until 27 February. Why couldn't AJM ask for a longer suspension (i.e. greater than 1 week)?
    It is probably because they are on the verge of releasing the information but the final response is out of their control. As such, the financiers are calling the tunes at present and AJM has to wait to receive their submission(s) before they can do anything else.
 
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3.0¢ 14445 1
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