Article about stocks the ASX has been delisting, page-34

  1. 1,598 Posts.
    lightbulb Created with Sketch. 157
    You believe the following paragraphs in the article are not relevant to this company nor one of it's current directors?
    I think you better do some additional reading.

    ""There have to be at least at least 70 and possibly considerably more listing applicants that we've just rejected [since March 2016] on the basis that they're too early stage, that they're operating in jurisdictions that we don't particularly like or that they've got poor governance relationships," Mr Lewis said."

    "We've just removed it from the official list, having now addressed some pretty poor behaviour by some of their former directors and some questionable conduct that happened in their administration," Mr Lewis said."

    That being said if this is the new approach from the ASX half the small caps are going to be delisted. Still, you have to start somewhere and Im all for tighter controls to protect shareholders.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.