According to John post on 8 July 2019, 'Australian Licensing UpdateGood morning,Late last week the Company announced that it had recently met with representatives from the Australian Prudential Regulation Authority (APRA) and the Reserve Bank of Australia (RBA), and advised that its applications were progressing. Our expectations are that now with Federal Election out of the way, the Treasurer re-sworn, and Government policy remaining unchanged, that the licenses will likely be issued this quarter'.
So, hopefully, within the next 4 weeks, ADI licence is approved.
Then we will see $1.50 plus.
ISX Price at posting:
$1.22 Sentiment: Hold Disclosure: Held