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I think the re-compliance requirements will depend on whether...

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Justadabble

8,443 Posts.

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22/02/23

19:05

Post #: 66404090
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Originally posted by Whiplashed: ↑

The suggestion of recompliance with chapters 1 & 2 arose via the company's interaction with ASX on 15/4/2021. I see that that was based around the weird investment in Claratti at the time. But given it's been what, over 2 years(?) since the company last traded on ASX I would very much not be surprised about the requirement to recomply.

There's a statement around 'recapitalisation' of the company in section 8.6(1) of the last quarterly announcement. I'm reading into that a consolidation of capital.

Whatever happens, it's obvious that the ASX aren't going to make life easy for Breeze.

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I think the re-compliance requirements will depend on whether PDF is retained or lost. If it is lost = change of business = harder. If it is retained = continuing business = easier

MMR Price at posting: 0.4¢ Sentiment: Buy Disclosure: Not Held
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