Let’s be 100% clear - the ASX enforced the suspensions, not the company. The company obliged voluntarily - but they were pushed to do as such. Demonstrated clearly by the terminology used by TV2 itself in its own publicly released announcements.
Two interesting points; ASX concerns for current company financials and the ability of their new partner JayPlus to pay the initial licence fees... AND ASX listing rules breached again....
Therefore, the ASX suspend TV2 from trading until resolved.
Particular references in company announcements below;
JayPlus
Breaching of ASX rules
Indeed....facts and research are very important before commenting.
TV2 Price at posting:
0.8¢ Sentiment: None Disclosure: Not Held
