CLZ classic minerals ltd

How many times the CLZ can request for extension to suspension?...

  1. 2,083 Posts.
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    How many times the CLZ can request for extension to suspension?

    That's a good question!

    Suspension can occur at entities request (like the ones CLZ has requested) or not at entity's request.

    IMO:

    I would be concerned that the ASX may suspend CLZ (not at entity request) for:
    1) General rule 17.3, (Archean Resources fiasco or other investigation by ASX/ASIC) or
    2) Failure to lodge documents 17.5. (Preliminary Final Reports and Half Years Reports are Overdue already!) or
    3) Compulsory acquisition (who knows?),

    Refer official ASX Trading halts, suspension and removal information:
    https://www.asx.com.au/documents/rules/Chapter17.pdf
 
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