HOG would by no means by the only company that has had it's ASX listing suspended due to not having what constitutes a business.
Whilst I don't follow HOG I just had a quick look at the company's 2017 annual accounts and note the comment in the Chairmans Address "Under the ASX Listing Rules, a company may continue trading for 6 months after disposing of its main undertaking whilst it seeks a new undertaking".
In my opinion, any ASX company that puts themselves in a position such as HOG's, the directors should be grilled as being suspended without going through chapters 1 & 2, is not what I consider to be in shareholders best interest.
PZC is definitely not currently at risk of becoming a "HOG"
PZC Price at posting:
0.2¢ Sentiment: Buy Disclosure: Held
