Thats exactly what MAX did, read their announcement: https://hotcopper.com.au/posts/42119026/single So far, no more questions or comment from ASX in response, but they are still suspended. I suspect ASX is just waiting for the 2 years suspension to expire before delisting them.
MKT The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint