"my understanding is they they will call an AGM once they get the ok to list. Surely that is reasonable?"
Unfortunately they cannot get the OK to relist until the AGM has been held. This is a pre-requisite to listing any company. All outstanding financial reports, Annual Reports must be completed before the AGM.
The ASX quite frankly wont even look at approving it until the financial reports are lodged and the two AGM's held (the two AGM's can be held at the same time).
I am pretty sure the Annual Reports and all outstanding financial reports will need to be lodged 30 days before the AGM also.
There are two new directors but really we still have the same team that brought us Coho Energy and Marion Energy in charge.
MAE Price at posting:
0.6¢ Sentiment: Sell Disclosure: Not Held
