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They may even ask the ASX for a suspension if they are not yet...

  1. mrmoshe
    1,847 Posts.
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    24/01/10
    21:19
    Post #: 6241646
    They may even ask the ASX for a suspension if they are not yet ready to announce anything.

    That way, they don't have to do a TH with it's 3 day expiry limits.

    A suspension could be applied using ASX Rule Chapter 17.3.2

    "It is necessary to suspend to suspend quotation to prevent a disorderly or uninformed market"

    http://www.asx.com.au/ListingRules/chapters/Chapter17.pdf
    MEO Price at posting: 45.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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