ANS austsino resources group limited

You wrongly interpreted the CR on 2 August 2018 as an...

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    You wrongly interpreted the CR on 2 August 2018 as an incomplete transactions for your own interest. It is a complete transactions because "it has agreed terms". When the CR was announced on 2 August 2018, it was marked as price sensitive.

    Please read this announcement on 2 August 2018.

    ".....It has agreed terms with Mr.......to raise additional capital of AUD$3 million.

    ,,,it is expected these funds will be deposited into Austindo's bank account within 14 days..."

    If the sophisticated investor failed to pay within 14 days, it must be disclosed to the market immediately. If it is not a complete transaction, why did ANS announce it to the market and marked as price sensitive? It was marked as price sensitive because it could influence share price. Investors could use this information to buy or sell ANS shares? How could you keep saying as an incomplete transaction?

 
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