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Hmm. You might be right. I just saw prospectus cancelled & funds...

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ALeeG

608 Posts.

54

23/01/23

18:24

Post #: 65837761
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Originally posted by crackpot: ↑

I might be wrong but I think you guys are misunderstanding it.

there is a second supplementary prospectus that has been lodged with ASIC (but not yet on the ASX release platform)

the new prospectus invalidates the old prospectus because I gather it has a restructured deal. (likely in CRL holders favour). so monies have to be refunded and reapplied because the deal is substantially different.

sit tight.

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Hmm. You might be right. I just saw prospectus cancelled & funds returned and assumed that was it. But it could be that they're still trying and will present something new.
I've never been in this particular situation before with shares, so my read could be wrong.

CRL Price at posting: 2.0¢ Sentiment: Hold Disclosure: Held
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