asx needs to act and mfs start trading

I have just sent the following email to the ASX. In truth, I hope they don't act on it as the MFS share price would be trashed. However I do not believe ASX has followed its own guidelines, unless MFS has provided them with more information that has been kept from public announcements. Email below:

"I write to you expressing my belief that the continued suspension of MFS shares from trading is in breach of the ASX's own lising rules, and that ASX should immediately reinstate MFS to quotation.

"Chapter 17.2 deals with the suspension of a companies securities AT THEIR REQUEST. The original suspension notice, and follow up fomr MFS, stated that the suspension was at the company request so this is the rule in question. There are fairly specific criteria that have definitely NOT been followed - at least from a public notice point of view. 17.2 states that the company (MFS) must tell the ASX the following:

1. It's reasons for the suspension;
2. How long it expects the suspension to last;
3. The event it expects to happen that will end the suspension;
4. That it is not aware of any reason why its securities should not be suspended;
5. Any other information necessary to inform the market about the suspension, or that ASX asks for.

"To address these in order:

1. All the we have been told is the last announcement on 04/02/2008 that primarily addressed the sale of 65% of Stella. A very brief paragraph was at the end of the second page stating they were undertaking a strategic review of its "operating and financing structure". This is the reason for the extension of the suspension. I would think that all companies conduct strategic reviews. CNP has stated they are too, but are still trading. This, without more detail, is not a reason to suspend.
2. No indication has been provided as to how long the suspension will last. Except "until the strategic review is completed". This is not an indication of timeframe.
3. This has been stated.
4. This has not been publically stated.
5. Given the sale of 65% of Stella, and the apparent sorting out of the short term debt issue, the market is in the dark as to why there is a need for continued suspension.

"It is clear from the above that the ASX has not ensured that MFS meets its own criteria. Chapter 17.2 also states that "ASX is not required to act on the entity's request".

"My belief is that ASX should immediately demand MFS to justify this indefinite suspension by providing more information and reasoning, and that this information should be made public. If this is not forthcoming then MFS should be relisted so the market can decide on its worth."