Ann: Company Update, page-5

First ever on HC but LGS can verify that i'm genuine NXR holder
Had email reply from PJ today re trading suspension.
Quote: As previously advised, based on current ASX policy, the Company expects that it will need to have acquired 100% of Wavefront (or 100% of another project that is suitable for a listing on ASX) and re-comply with chapters 1 and 2 of the ASX Listing rules, prior to its securities being reinstated to trading. While this is inconsistent with previous advice from ASX in relation to the transaction between NXR and Wavefront, this is consistent with current ASX policy in relation to investments in technology companies by ASX listed entities.