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*That should be "epic suspension"....although there have been so...

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workingdog

1,546 Posts.

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18/04/24

10:12

Post #: 73401825
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Originally posted by Christopher67: ↑

"Thankfully CGB went into this epic extension with a around $7-8m cash in the bank and Debt Free and like several other ASX listed companies CGB is now waiting on an Auditors report to see if it ever trades again. Delisting was a bit of a shock but as Chris pointed out they did mention it was a likely scenario."

I think they need more than an Auditors report.

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*That should be "epic suspension"....although there have been so many extensions.

Auditors report to comply with ASX rules first thing and then ASIC or ASX approval on any deals needed?

Im not sure what is required, I just hope it happens and we get back on track asap. It's been a while.

CGB Price at posting: 2.1¢ Sentiment: Hold Disclosure: Held
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