Replies to post #440 on AXP Energy Ltd (AUNXF)

[TheGuy87]

It’s common practice in the ASX and TSX

[SAMadMoney]

The reason for the suspension is standard on ASX, See below:

AXP Energy Limited (ASX: AXP) – Suspension from Official Quotation

Description:

The securities of AXP Energy Limited (‘AXP’) will be suspended from quotation immediately under Listing Rule17.2, at the request of AXP, pending the release of an announcement regarding a material Heads of Agreement.

Issued by Lin KangAdviser, Listings Compliance (Sydney)



A "head of" agreement is an initial, non-binding document that establishes the basic framework for a partnership or transaction.

link:
https://safe.menlosecurity.com/doc/docview/viewer/docN9F3A1043CCFAd8a3c61aff8d2d7eba31dae385927218e98a28664ff56a4f031320ebb6d1e26d

[Bruce the Stock Guy]

Yes, but its no reason to halt the stock.<<<<$AUNXF..Have a lot of experience in the ASX arena? BWAHAHAHA!