The cynic in me was wondering..
It seems likely that the sp is going to get decimated when/if oli relists.
Begs the question, since a cr is pretty much out of the question anyway and one of, if not the largest, single sh is JG, is there an incentive for management to delay lifting the suspension as long as possible?
One could argue that delaying relisting for months on end, is a way of (temporarily) preserving the paper wealth of the main sh's.
I'm not a veteran asx 'player', so im sure there are other factors at play here, but it does seem like a way to (temporarily) stem the share price bleeding until such time as a positive announcement can be made.
It does seem like there is no great urgency to lifting this suspension.
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Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.866M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 599982 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 261222 | 2 |
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| Last trade - 16.21pm 16/09/2025 (20 minute delay) ? |
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