Writing was on the wall for a while, but when the former auditors put together that document, which had some pretty strong revelations, and the director musical chairs started, the enduring suspension was all but certain.
Any update from the company wouldn't exactly fill me with faith anyways - as is the case with the balance sheet.
It's a telling sign that the ASX has impeded just about every - if not all - Chinese based companies from listing locally this year. Multiple attempts, all got absolutely nowhere, despite supplementary prospectus after prospectus. It looks like 2017 was the year of the sucker.
TB8 Price at posting:
13.0¢ Sentiment: None Disclosure: Held