I also meant to say, there is an irony in all this. The company was asked by the ASX to show cause as to why they should not be delisted, they hired lawyers to try and convince the ASX not to. If they had remained listed they may have sorted out their financial reporting and governance issues a lot quicker. They would have had to. They've kicked the can down the road and now ASIC are coming after them.
AB1 Price at posting:
18.0¢ Sentiment: Hold Disclosure: Held