Does the ASX distinguish between a temporary and a complete delisting? Is that a thing?
https://www.asx.com.au/documents/rules/gn33_removal_of_entities.pdf
No mention of "temporary" here.
There is a note warning companies not to deliberately forget to pay annual listing fees:
An entity that is seeking voluntary removal from the official list should not seek to circumvent the approval process
in Listing Rule 17.11 by declining to pay its annual listing fee and thereby having itself automatically removed from
the official list under Listing Rule 17.15. Such conduct will not only breach the obligation of the entity to act accordance with spirit, intention and purpose of the Listing Rules,6S it is likely to raise issues as to whether the
directors of the entity are complying with their statutory and common law obligations to discharge their duties with
a reasonable degree of care and diligence and to exercise their powers in good faith and for a proper purpose.
In some cases, it could also leave the entity open to an action for oppressive conduct or "just and equitable"
winding up.
a key phase is:
whether the directors of the entity are complying with their statutory and common law obligations to discharge their duties with a reasonable degree of care and diligence and to exercise their powers in good faith and for a proper purpose.
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