As a result of Thursdays no go, no show and this morning’s release it is most likely that the ASX requested that the management of Fairstar place the company in voluntary suspension after reading the Market Update release, otherwise they would be forced to do so. It is the way the game is played with the ASX, the latter is not an option and explains the time difference between the releases.
Fairstar management most likely thought they would be trading today as normal, sums their skills up!!!
Just stumbling along from one disastrous decision to another.
No wonder a Director resigned, looking forward to the next chapter of the Never Ending Story!
not so voluntary suspension
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