Ann: Re-Compliance Listing on Completion of Pre-Feasibility Study, page-79

@volibear1982 Yeah but that’s not really the purpose of equity markets and public company securities trade. Liquidity, complete information, and free choice is how it is supposed to work. Today we have issuers too frequently working the ASX rules to obtain voluntary suspensions - which ASX seems to hand out with comparatively little scrutiny - as a shield to avoid fronting up to investors and facing the usual consequences that unrestricted trade & price discovery is meant to provide to all parties.

Often these days it feels like almost half of the ASX is in a halt or extended suspension, imo it has gotten quite ridiculous. Perhaps the rules need updating & tightening and penalties on directors increased (for failing to foresee very simple things like continued compliance requirements). Issuers springing halts on investors and 3/6/12+ month suspensions (often with never ending unexplained extensions), effectively locking them in while the Co continues to milk accumulated funds, to avoid scrutiny or for things that should’ve been readily foreseeable, is not conducive to attracting & retaining public confidence in capital markets.