ELE 0.00% 0.5¢ elmore ltd

Ann: Quarterly Activities and Cashflow Report, page-14

  1. 181 Posts.
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    I've never held a stock prior to this one where it went in to suspension.
    What is actually required of the company to come out of suspension? Is there any maximum timeframe that a company can stay in suspension?

    I don't get it. The company claim to have a plan and claim that they will be cash flow positive this quarter, so why are they still in suspension? It baffles me that the ASX would allow it.
 
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Currently unlisted public company.

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