Probably not. I suspect that the ASX will be looking for actions rather than just words. I base this on the fact that the ASX are focussing on questions related to what the board said (or wrote)they would do with respects to the loans to AXIS versus what they actually did. I think there may be some credibility issues that the ASX currently has with the MED board. I would be very surprised if the ASX simply accepted a "plan" before relisting the stock.
MED Price at posting:
0.6¢ Sentiment: None Disclosure: Held