FGL 2.17% 4.7¢ frugl group limited

Ann: Wangle Suspension Update, page-326

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    "As a result the Company is targeting release and the recommencement of trade in its securities in the week commencing Monday 9th January 2017 at which time the Company will have clarity as to its position in respect of the Company’s ability to release the App on the Store without further concerns."

    As I said it's my belief that gaining the required CAC supporting documentation then submitting and having Apple approve the app within a few days of the Xmas/NY shut is optimistic, also without the approval I believe it's optimistic that the ASX would approve the lifting of a suspension without the underlying cause fully resolved. Therefore while management are targeting recommencement of trade this week there is no guarantee that factors outside of their control would not prevent them from delivering.
 
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