Whilst the consent orders of the court definitely help MMR's case, NOPTA and the JA could just as quickly turn around and reject the application again. Or it could drag on for more years.
As mentioned, I believe they'll need 300 new shareholders to recomply. I understand ASX would disregard existing shareholders in that process. Happily be corrected here.
I think there's a reasonable chance some existing shareholders would throw $ at a capital raising given the promise of being able to exit all of their shareholding...
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