IMO:
Probably best not put out any legal strategy out on this forum.
Issues with the current suspension:
- CLZ have avoided revealing their financial reports already overdue.
- CLZ are under ASX investigation for the Archean Resources fiasco (also possibly by ASIC). Are they avoiding disclosure of this?
- CLZ may avoid disclosure of any investigation and revealing their financial position by requesting voluntary suspension from the ASX.
- CLZ have requested voluntary suspension before.
I'm sure the CLZ secretary had plenty of experience with similar matters when working as secretary for the now delisted FAIRSTAR Resources (FAS).
Ann: Trading Halt, page-107
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Last
0.1¢ |
Change
-0.001(50.0%) |
Mkt cap ! $808.3K | |||
| Open | High | Low | Value | Volume |
| 0.1¢ | 0.2¢ | 0.1¢ | $26.54K | 25.17M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 186 | 364698780 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 68985448 | 12 |
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| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| CLZ (ASX) Chart |