suspenders, page-35

z,

"A company that that is publicly listed has a different position than that of a private company.

Investors expect that a publicly traded company is available to trade."


The way you twist things is almost Jameseque. You say "Investors expect that a publicly traded company is available to trade". Really, which investors expect a company to be available to trade despite the specific listing rules which prevent a company from trading on an uninformed basis? You, obviously, but who else z?

The word "Investors" is plural so you must have a list of people who think companies should just ignore listing rules so that traders aren't deprived of income. Now come to think of it the word "Investors" doesn't include you does it because you aren't an investor in CDU. So your statement is actually trying to tell us "investors" what we expect.

According to your theory, as soon as a company lists on a stock exchange they have to ignore commercial interests and the best interests of its investors and pimp itself out to the whimsical desires of the day trader.

A company dare not go into a trading halt while it negotiates a deal else it deprives a non-investor of an opportunity to make a buck. Long term investors obviously owe the bystanders sitting on the sidelines a living and an opportunity right to play the game right!

No need to tell us what we "expect" thanks z. You can continue to "want" whatever you like from your non-investment but pretending that the rules relating to continuous disclosure are just there to fill an extra few pages on the ASX conditions document just seems ignorant.