CLZ 0.00% 0.1¢ classic minerals ltd

Ann: Trading Halt, page-107

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  1. 2,083 Posts.
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    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).
 
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