Big issue is not whether BPG wants to stay listed, it's whether ASIC and the ASX let them stay listed.
DON'T GET ME WRONG, for all my negativity , which is reality, I would rather not lose my money on this.
BPG know why they haven't been re-instated. Basically, it will be their Balance Sheet that is the issue. Until they either collect the millions they say they are owed or until they produce a real Balance Sheet, ASIC will not let them re-list - fees paid or not. If their debtors are not real, then they will have been trading whilst insolvent and that is jail time for the directors.
Anyway, just repeating because some of the above posts indicate some optimism which is not warranted.
CT, you better hope that those debtors are real or .......
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Ann: Suspension from Official Quotation - Annual Listing Fee, page-41
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