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01/08/24
12:33
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Originally posted by potchip:
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Can you translate that to English? Do you mean to raise funds it is best not to disclose financial situation to the public? (legality) BTW they are not coming out of suspension until this ownership matter of Tormin the orphan is sorted, so you don't need to worry about 'adverse share price response' from financial disclosure. Or failure to lodge reports that relates to period of Apr-Jun is somehow related to their current funding issues? (disclosure requirement, if this funding problem is not just an event from July) Well unless I suppose one possibility is MRC cannot even afford to release ASX announcements because the coffer is truly, empty (insolvency) Which planet are you on anyway? Lol. Talking about putting on tinted glasses based on one's ownership of a stock.
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Hi Potchip. AS you stated, they are suspended until they resolve their funding issues as explained in yesterdays suspension notice. they advised they will update the market on the 6th.