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.
4DS Price at posting:
13.0¢ Sentiment: None Disclosure: Held
