Good to have this level of detail straight from the horse's mouth, but I have to wonder how long you can allow trading to be suspended under this circumstance? Surely there should be an announcement of some description to give explanation to what has happened, including a possible partial retraction or more detailed explanation of previously released information, before CIO comes out of suspension. The SP is then likely to dip, which may also present a good buying opportunity for people who have confidence in the company. I just don't think it is right to allow the company to be suspended from trading for what could be a very considerable period of time because of commercial in confidence clauses in contracts that have been signed. This is something the ASX needs to start getting its head around and needs to be incorporated into announcements guidance it provides to listed companies.
CIO Price at posting:
2.8¢ Sentiment: Buy Disclosure: Held
(20min delay)