I think that is a poor excuse tbh. They want to play in the big leagues and they need shareholder capital for that to happen. The ASX has been rocked by the bad practices and poor disclosure. How do they expect to regain market sentiment without any info being provided. It's fair enough if they don't know how long it will take to be sorted but a progress update would be fair.
Big Relisting, page-13
Currently unlisted. Proposed listing date: WITHDRAWN
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