Should have remained in suspension until they disclosed the ASX listed company IMO
That news is impossible to trade
If they announce WHC, NHC or any other reputable co is taking CKA out at say 15c+ scrip and they have a liquid and viable market to sell into, then it is totally different to merging with a dog
The fact volume is only 300k and down 30% shows most punters are holding as they have no idea what to do and only lemmings are bailing through the spread
More information is needed
Ann: Funding Update - 3 Transactions being pursued by the Board, page-5
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