SP8 0.00% 0.9¢ streamplay studio limited

ANYWAY.Moving on, this stock has been suspended for 14 days now...

  1. 2,620 Posts.
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    ANYWAY.

    Moving on, this stock has been suspended for 14 days now and we don't have a timeframe for when it will start trading again.

    The fact this was instigated from an ASX query which they gave a response to and now have extended it indefinitely due to the Miggster divestment (which has many questions of its own due to the contradictions in Greg's Crowd1 expo speeches vs ASX responses) is a huge red flag.

    It is because selling this HTML5 frontend is complex business, or is there more going on which has resulted in further queries from the ASX? Hard to say because the company is now willing to divulge anything despite all the angst the holders here are feeling. Even more red flags and gaps in the information provided doesn't instill much confidence in management.

    This should be when the domestic corporate services the EM1 non-exec directors over at Regency Corporate should be on show to manage faith in a company that's seen a complete collapse in share price over the last 12 months. Especially this close to the Christmas break coming up on the holidays shutdown.

    Instead it's radio silence and a bunker mentality. Has such a protracted suspension under these circumstances ever ended well for shareholders?
    Last edited by hades86: 14/12/21
 
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