My thoughts on your points
1) New auditors......l assume that's for the current (if much at all) accounts, no mention they will review the past...why would they?
2) where is the announcement indicating closure of the facility? Not sure the asx cares where any funds are coming from anyhow, also, if as you say, they can survive without loan, then what's the delay?
3) Self sustained, that's a stretch when they've indicated litigation is costly and on that, why can't they advise further?
My understanding is any relist will be post the legal stuff, hence in my mind, the minimum of mid 2025, a series of CRs and possible delist if funds aren't sorted before the asx suspension timeline checks in.
I wonder why you think this has legs anyway, they've had many months to get a strategy to move on, but as you know, they've not told anyone any plan, maybe history tells a story.
IOU Price at posting:
4.1¢ Sentiment: None Disclosure: Held
(20min delay)