The ASX have to sign off on the suspension not AVZ. The main concern for the ASX in this instance would be the amount of insider information floating about. The arbitration would involve multiple law firms and consultants across multiple countries. All these people have friends and family.
How would you feel if the SP steadily sold off for months even though as far as you new the stock was still good to go should be $2 a share. The progress of arbitration is confidential but it seems like a lot of people know how its going. Then bang announcement. The whole thing has gone tits up it crashes more.
They will come out of suspension when all market participants can have equal access to information. That could be a good result or a bad result of the arbitration.
- Forums
- ASX - By Stock
- Ann: Extension of Voluntary Suspension
The ASX have to sign off on the suspension not AVZ. The main...
-
- There are more pages in this discussion • 2 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 AVZ (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online