TTM 0.00% 2.9¢ titan minerals limited

Ann: Extension of Voluntary Suspension, page-3

  1. 106 Posts.
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    Bevter...any thoughts on why the Company requested the voluntary suspension in the first place? If they had news to release concerning their takeover offer of Core Gold, why not just release it at the appropriate time instead of requesting two (so far) extensions and deferring the news? If the news doesn't pertain to any ongoing activity on Titan's part, the Company could have kept operating and trading until they were ready to release the news. The only reason I can see for requesting a voluntary suspension that far in advance of issuing the news release was to protect the share price and make sure that it remained at 0.18 heading into whatever they had planned. This would make sense if a new financing was in the works. Just thinking out loud...Turtle56
 
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