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1.4¢ tombador iron limited

If there is cash put into the business though from any sale do...

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projectman45

10 Posts.

03/01/24

13:42

Post #: 71709137
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Originally posted by Jezzalenko30: ↑

I don't think it will be out of suspension until they have an active project. Pretty sure that was referenced previously that you can't just have a shell w no active tenements etc onthe ASX but could be wrong. IMO this will be in suspension for a few more months. Write down the names of each director and if you ever see them on a company you're invested in, be very careful. They're clearly a bunch of fkn crooks and it sucks the ASX/ASIC do/can prove sweet FA about the situation

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If there is cash put into the business though from any sale do you mean that the company would I suppose need to do some sort of share buyback in order for shareholders to be paid anything (cents in the dollar I know).

Surely it seems stupid to just lift the suspension and let it sell in minutes down to zero?

TI1 Price at posting: 1.4¢ Sentiment: None Disclosure: Held
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