CREV-2025, page-118

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Mondo1960

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13/06/25

12:33

Post #: 79421750
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Originally posted by SSecretSSqirrel: ↑

It seems they released a more detailed financial report on May 30th in which they acknowledged they were not compliant with this aspect of the listing rule and were expecting to receive notification from NASDAQ. At minimum its good they were aware of this.

That being said, I can't see any way for them to kick up the share price to meet the requirements, there are no programs in the pipeline, there continues to be no announcements about anything of substance. So they disappear from the exchange and what?

Expand

re- list back on the ASX where IMHO it should have stayed
The BOD was obsessed with listing in the USA and personally I saw no advantage in this.
I’m old and remember in the 1960’s Aussie bands wanting to enter the US market and make it big time
Not many did but we had a thriving home grown music industry
Let the good times rock n roll

Originally posted by SSecretSSqirrel: ↑

It seems they released a more detailed financial report on May 30th in which they acknowledged they were not compliant with this aspect of the listing rule and were expecting to receive notification from NASDAQ. At minimum its good they were aware of this.

That being said, I can't see any way for them to kick up the share price to meet the requirements, there are no programs in the pipeline, there continues to be no announcements about anything of substance. So they disappear from the exchange and what?

Expand

CBR Price at posting: 13.5¢ Sentiment: Hold Disclosure: Held
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CREV-2025, page-118

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