I am not a lawyer so I have no idea as to whether the Pathfinder case and the Asset Energy case are identical from a legal perspective. It was the detail of the Bounty Oil Trading Halt request that gave rise to my post, it is fact that something material has changed in relation to the case. I agree with Bravo, the case hearing set down for February appears material to me.
It is beyond frustrating that the ASX wouldn't allow BUY to announce the information they have. My interpretation is that BUY has become intertwined with the BPH suspension issues whatever they may be. As 15% owners of PEP11, BUY are impacted by the Pangean Report too, but typical of the ASX, they appear to have forgotten about BUY when considering the BPH elements, a suspension in hindsight it appears. It would appear that both companies will be re-instated simultaneously once those issues are ironed out. I very much look forward to that day.
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