GEM g8 education limited

Ann: Request for Extension of Suspension, page-3

  1. 1,711 Posts.
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    They are being quite open though. As per the announcement (below) they are assessing the companies capital position and will make a announcement to the market when this is completed.

    So, a capital raising may be the result .... but it is unknown at this stage until they have the figures and facts before them.

    (ii) working to address its capital position.
    (b) The Company requests the voluntary suspension to remain in place until the earlier of the Company making an announcement to the market in relation to the matters outlined above and the commencement of normal trading on Tuesday, 14 April 2020.
 
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