BRT 0.00% 1.0¢ brainytoys limited

Ann: Voluntary Suspension from Quotation , page-10

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  1. 3,958 Posts.
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    After a 2 day TH if there is no announcement the company goes into suspension.

    It appears that what they have done here is bypass the TH process and gone straight to a suspension.

    Not sure whether everyone realises (the HC announcement system hasnt picked it up), but BRT issued an announcement last night clarifying the situation, pointing to discussions with a US based toy company regarding a merger, not to mention possible legal action against ex-directors (you can see why some had resigned and then a few weeks later the Blackwater deal falls over....)

    They dont exactly have alot of spare cash floating around to pay for legal costs, so a no-win no-fee type of arrangement will be forthcoming IMO.

    Either way, as I said, lots of vested interests here and lets see what transpires.
 
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