CRL cannot relist without doing a capital raising. They have no money, and the ASX does not allow you to list with no money. There is a zero chance this will happen this financial year - so no 30th June write-off's Its now about how they will raise the money -pimp up their existing projects? Find a new one? And - the macro environment for raising money is the worst it has been for years - which was one of the reasons the other deal didn't get up (as well as it being a bad project!).
CRL Price at posting:
2.0¢ Sentiment: Hold Disclosure: Held