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If that were the case they would have just sought a suspension...

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Durslowe

319 Posts.

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29/10/21

12:39

Post #: 57177874
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Originally posted by TheTextralian: ↑

The Annual was signed off on the 26th of August, over a month before our suspension.
A suspension that's lasted several weeks has occurred since that time. Something is up but you can't read any of today's anns and conclude anything.

I have a theory that might be totally whack but it would make some sense.

I personally think the "techinical update" is a cover. It wouldn't be illegal if the company outsourced some testing that will take X number of weeks, then use that as an excuse as they await "results" while preventing leaks. All the while, talks are taking place with some entity and they don't want a leak. Perhaps it's the same company testing and talking, yet aren't prepared to send the market into chaos just yet.
Because 1 is taking place and there's a suspension, there would be no requirement to disclose 2 unless an internal agreement is locked in.
I suspect they'll unveil both at the AGM and maybe even take in a vote if they can get the numbers.

This is a possibility... at least more so than the bag of chips broke.

I'm happy to discount anything that's been signed off before the suspension.

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If that were the case they would have just sought a suspension "pending announcement of a takeover/sale/whatever"

4DS Price at posting: 13.0¢ Sentiment: Hold Disclosure: Held
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Last 8.2¢		Change 0.000(0.00%)		Mkt cap ! $144.6M

Open	High	Low	Value	Volume
8.2¢	8.3¢	8.2¢	$43.66K	531.4K

Buyers (Bids)

No.	Vol.	Price($)
3	304079	8.2¢

Sellers (Offers)

Price($)	Vol.	No.
8.3¢	388104	7

View Market Depth

No.	Vol.	Price($)
3	304567	0.082
4	493500	0.081
20	1339388	0.080
4	366000	0.079
6	609996	0.078

Price($)	Vol.	No.
0.083	388104	7
0.084	100000	1
0.085	86120	3
0.086	101999	2
0.087	12950	1

Last trade - 12.48pm 08/05/2024 (20 minute delay)


Last 8.3¢			Change 0.000 ( 1.22 %)
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