AVZ 0.00% 78.0¢ avz minerals limited

Directors have an obligation to act in the best interests of the...

  1. 84 Posts.
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    Directors have an obligation to act in the best interests of the company, and suspensions serve that purpose. Yes it sucks being a shareholder in suspension, but ultimately they protect the company (and therefore shareholders by proxy).

    Suspensions assist with uncertainty as you have described by they also stop a leaky ship, which is important to the ASX and also the company.

    I had a company that was in suspension for 18 months, it just is what it is, it's part of the risk you take on as a shareholder
 
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Currently unlisted public company.

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