Just another opinion...14 May 2018 18:23
At this stage Lionsgold is suspended, not de-listed so I'm personally not convinced it will need to re-list and incur all the associated costs, but rather will simply need to ensure compliance with Rule 14 in order to have the suspension lifted.
I am also not convinced the TRAC acquisition constitutes a RTO... Although Rule 14 covers this it is not limited only to such events and also covers "a fundamental change of business" as is stated as the reason in the RNS.
That being the case I do not see it as a big deal but rather a bureaucratic formality.
I do however see it as a significant oversight on the part of Lionsgold who I do not for a moment believe would have planned this suspension.
IMHO, DYOR, GLA etc etc