Delisted and the price is effectively zero or a tiny fraction above.
This hasn’t happened yet.
But it’s very rare for joint ASX/ASIC teams to be investigating a company for this long. GSW had nothing of the sort and is left at cash backing.
When the sh.t is cleaned from the stables here, I’ll predict relisting maybe 2-3 months time, and a 90-95% sp fall.
It would be very wise to value it at zero now because then this predicted result will come as value bonus.
ASX Changes Listing Rules, page-29
Currently unlisted. Proposed listing date: WITHDRAWN
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