Ann: ASX Waiver Decision Listing Rule 10.11.3, page-26

With Morgans and Fosters tapping up punters for cash it was inevitable that this would reach the media possibly without the consent of the company.
Without doubt Covid is a factor in the heavy discounting. In the absence of Covid there would have been a discount but I reckon it would have been substantially less.
These new WA SOP projects are large experiments. Beyondie is the first one and those that follow will learn something and unfortunately, almost certainly be punished by the market.
Holders of other WA SOP companies shouldn't be gloating over this.
Good luck!