It doesnt read like that at all.
It states the $3 mil AUD was deposited into their Chinese account as "cleared funds", which to me says the ASX have sighted these funds in this account, but they simply want the funds to be held in the company's Australian account, which is totally fair enough, and which is obviously the reason they have granted the extra 3 week extension.
I really don't think ASX/asic would allow it if they hadn't provided proof of funds prior to this announcement.
It doesnt read like that at all. It states the $3 mil AUD was...
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