If things were all good I don't see why we would now have a suspension from trading after previously having two extensions to the 30 day period, that's over 6 weeks of trading while the documents were sorted.
So, if after 6 weeks of trading why would we now need a halt and then a suspension?
I suspect negotiations hit a brick wall and Glasier is walking away. The company would now be frantically searching for additional funding to keep the shop open.
I hope that's not the case, but that is what my gut is telling me. I guess we'll find out next week, good luck all.
BLR Price at posting:
0.3¢ Sentiment: Hold Disclosure: Held
