Having time to think about things over Christmas, my take on it is that the extended suspension is a pretty good stategic move to avoid shareholder obliteration. I mean, to me it's not really needed the suspension. Deals, reviews and negotiations are always going on in the normal course of business. The suspension though gives the company a chance, in my view, to protect the remaining weatlh of holders, and we call know who the largest holders are. It is in their best interests surely to get this right and have a chance to regrow the business. It may well be that things turn out in favour of the coy and that would help preserve capital.
I am sure we will har something soon.
ASH Price at posting:
13.0¢ Sentiment: None Disclosure: Held
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