We are waiting for the cashflow reports, that was not submitted 6 months ago and is the reason we are in suspension.
Missing documents is the excuse; the worst thoughts could be missing money.
XTC now say they will seek to provide them with the new auditors, I hope so
As to trading again at 20 cents, if that happens it could easily halve in value. There are simply no drivers (announcements) that I can see that would propel this forward, I hope I'm wrong time will tell.
They could announce a new CR if the kitty is bare, they would probably also have to announce a delay in Luz maria final payment to the director in 2 weeks.
Don't forget the whole point of the consolidation WAS to make it easier in future CR's
But I think that game is now bust, show me the ....... money that is left
Showing us an updated cashflow report is what we are waiting on, I'm not sure if ASX has any other outstanding issues, I hope not.
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