FFG THE NUMBER 1 BLOCKCHAIN COMPANY IN AUS, page-215

Here's my take on the latest ICI announcement on the court issue.

Positive side:
- ASX has stated that they will reinstate ICI listing. That's very very positive for them to make an official statement like this. It is highly unusual for ASX to make such statement, pending a court process to seek a waiver on the cleansing notice issue. It appears to me that ASX may be throwing their weight behind the company, against the arcaic cleansing rules of the half a century old Corporations Act that are due for update.

Downside:
- the court date is end of March. More patience is needed - understandably courts in Australia are usually overworked , understaffed and busy.

Conclusion - there is light at the end of the tunnel. Once this issue is resolved, ICI SP should jump on re-listing as all the good news it has been releasing has not been factored into the SP. Strong ICI SP uptrend will be good for FFG although I maintain that FFG's crypto ventures now are several times larger and more potential than its holding in ICI. Relisting of ICI is imminent and will provide some short to mid term catalyst to FFG but longer term FFG's prospects lie with APAC and Kryptos-X. If either project does well, this should be a stock worth A$500m easy (which is still a small valuation in the crypto world).