The issue is it may take several weeks for the court ruling. If suspended for more than 5 days, will also mean STM can’t use cleansing notices for 12 months so will have to issue an offer prospectus or cleansing prospectus for every security issue, and no SPP ability in the timeframe either. More cost and longer timeframes for cap raises.
STM Price at posting:
1.3¢ Sentiment: Hold Disclosure: Held
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