So these guys appointed BDO over nine months ago and couldn't get it done, yet we're expected to believe that Leadenhall will get it done in 4 days?
The exchange have given these guys a deadline - 8 June, ie Friday. If they don't have their NTA in order HML will have to give a decent reason to the ASX as to why they should remain listed.
I wonder if the whole "well the deal we are making with ourselves has changed again, these guys are going to sign off on the free money express soon" excuse will cut it this time around, because the only thing HML are better at than wheeling and dealing is excuse-making.
It's a question of how much credibility these guys can build by making related party deals that create 'value' out of nothing but never get signed off on...
HML Price at posting:
$1.99 Sentiment: None Disclosure: Not Held