The ASX won't let trading resume until the reason for going into suspension is resolved.
So to come out of suspension CRBD needs to release funds
For CRDB to release funds they want at least a $10M SLBC
To get a good SBLC there are likely to be announcements on off takes and also the PYC/EY(?) evaluation of Lindi
The new company evaluation I think is going to have a huge influence on prices when trading resumes. Instos will see what is reported and how much of the plant is now built and hopefully start getting interested BEFORE the resumption of trading.
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Open | High | Low | Value | Volume |
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Buyers (Bids)
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---|---|---|
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12 | 588632 | 0.100 |
1 | 20000 | 0.099 |
1 | 100000 | 0.096 |
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Price($) | Vol. | No. |
---|---|---|
0.110 | 249479 | 4 |
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