Thinking this issue through, doesnt make sense. Recall, ASIC review/undertake several hundred audits/reviews etc each year as a matter of routine. If so, then all of these companies would be out of bounds and there would most likely be a fund specialising in buying into companies under review simply to wait for their SP bounce once they come out of review. Less of course the rarities that dont make it out. Still, would be a unique target area for strategic investors to target.
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