I don’t agree with you.
It’s a known fact these investigations are very very slow. With both ASX and ASIC it was always going to be a very long slow process.
Just because we all get bored when there are no announcements on these forums is no excuse to imagine the worst.
After reading an explanation for the trading halt explained by the ASX in a March communication
I understand listing rule 17.3 caused the halt of BIG sp due to ASX reason number four
4. It is appropriate for some other reason
It was not because
1 the entity is unwilling or unable to comply with, or breaks a listing rule
2 it is necessary to suspend quotation to prevent a disorderly or uninformed market
3 ASX rules require the suspension of
ASX are looking for possible breaches of the listing rules, and other issues
I accept that depending upon the outcome of the investigation, the result may change this reason
Shareholders have certainly not been advised regarding any class action. We have been waiting for some considerable time, as far as we aware this status remains unchanged.
(20min delay)