on 5th March 2014, Alcyone is asking more money from Alcyone share
holders by issuing Right Issues. Which means Notion has to inject more
money to the company. At the same time, exploration has to be suspended,
but silver is still produced from the heap.
Then 18th March, ASX, the Australian Stock Market operator suspended
Alcyone's listing in failing to provide Financial report! The Alcyone
management has come out to explain that it was done deliberately in view
of the proposed right issue. I find this baffling, Why can't financial
report be provided with a planned right issue? I could only speculate
the report might be very poor.
Not a good development.
没有评论:
发表评论