I think I can pinpoint why the asx suspended it
Fgf have acquired 100% LincD from Harris technologies which was announced in jan 19
It said that the deal will be voted by shareholders
In early May.
Then the other announcement with ypb has signed Hoa with lincD as lincD will assist ypb
In listing a token
However it says deal between lincD and ypb
Will be finalized mid April
How can that be if shareholders need to vote on May 4 2019 to complete lincD acquisition from
Harris technologies
IMHO it’s purely technical timing difference
As lincD is still not owed by fgf at this miment
It will be after shareholders approve it in early May
LincD can do deals with ypb but I feel
Fgf can’t really announce yet until May
The good thing is company has marked it as non price sensitive
It is very trivial not of much importance financially and I say again fgf is gone up
Because of crypto market is starting to heat up again
Cheers
Please do y o r
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- Ann: Suspension from Official Quotation
Ann: Suspension from Official Quotation, page-3
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