RE: Question25 Sep 2020 10:59
Firstly share suspension is not always as bad as it sounds. We have a period of six months to buy a revenue producing asset before we are suspended, if we are it means no one can buy or sell shares in the company. The company can continue normal business and keep looking for an asset.
Quite often a company will announce a probable take over and the trading is immediately suspended until everything is sorted out and share trading can resume as everyone knows the score.
Our position now is, can we find and afford an asset and will our major shareholders stay with us, do we trust our present BOD. If you think this is the case top up your holding as the share price is incredibly low.
If you don’t trust any of the above, sell up now and run for the hills.