Lawyer urges CPO to re-commence sales of shares


"Gray Smith stated that it is essential that CPO be able to re-commence the selling of shares as soon as possible as the company is a trading entity and if it is not trading, it is committing an offence under the Companies Act." Sales of shares were suspended when the CPO suspected that shares were being bought up by people supporting the club building a new ground. With sales likely to resume again soon, it will be worth watching how the CPO reacts if this does commence again.