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Whatever the reason - it bodes well for holders in my opinion,...

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Freebone

519 Posts.

116

11/05/21

13:49

Post #: 53094234
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Originally posted by retiredyoung: ↑

My reading of the situation is that the ASX is not happy with BUD's response/responses to its query. I do not think that the issue would be around solvency, it is more likely to be around continuous disclosure. Eventually BUD should be able to respond satisfactory (even if they have to throw someone under a bus) and then BUD would be able to trade again.

The securities will remain suspended until the Company provides a satisfactory response to ASX’s query dated 29 April 2021.

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Whatever the reason - it bodes well for holders in my opinion, the longer, the better chance of coming out in better shape.

BUD Price at posting: 4.3¢ Sentiment: Buy Disclosure: Held
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