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Never seem a strategic review affect trading

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tallplumber

4,790 Posts.

719

01/05/24

16:18

Post #: 73612704
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Originally posted by the trickster ↑

Even if they do lodge it, the ASX would not allow it to trade given the nature of what is going on re strategic review and M & A. That has the potential to create a serious asymmetric market given the selective briefings that have occurred re the capital raising. Until the matter is finalised, it is in a trading halt.
It appears they used the non lodgement of the 4D as tool to instigate a trading halt for their "strategic review", my understanding is the accounts have been completed weeks ago, the fact that the 4C has been lodged means the 4D is also complete. The 4 D is the accural version of the cash accounts.
The timing of Ronn's departure? What comment do you want?, he has retired and stepped down from executive duties at Automic. What has that got to do with anything?

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Never seem a strategic review affect trading

NUH Price at posting: 8.1¢ Sentiment: Hold Disclosure: Held
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