Here is the applicable passage:Where an entity is subject to a...

Here is the applicable passage:

Where an entity is subject to a longer-term suspension (eg, as a result of an administration or liquidation), ASXrecommends that it implement a system of periodic (at least quarterly) disclosures to ensure that the market andits security holders are provided with regular updates as to its status and, in particular, the plans it may have fortrading in its securities to resume and its progress in implementing those plans.An entity that fails voluntarily to make such disclosures at least quarterly may be required by ASX to provide suchinformation to ASX for release to the market.

Note the word "recommends". Under the listing rules, trading halts and suspensions provide options for companies to meet their continuous disclosure obligations. Once trading is suspended, that obligation is suspended - that is the point. Once an announcement has been made, bringing the company into compliance with it's continuous disclosure obligations, the suspension is immediately lifted.

However, that isn't going to happen with CAI any time soon (if ever), so updates are now optional, but "recommended".

Whether or not the receivers go to the trouble of providing quarterly updates will depend on whether or not they see any chance of the company continuing to trade as a going concern and remaining listed, with the suspension eventually lifted. If they do elect to provide quarterly updates that could be cause for some hope.

All IMO.