The only hope with first orion is that they accept the terms of sale. Nothing has been mentioned about them buying the listed company, only the "assets".
SYT Limited in Australia will then need to appoint directors, more than likely change its name, find a business which requires shareholder capital, then do another capital raising (activities not necessarily in that order).
the only reason a company goes public is to raise funds. The shell won't have any so it is inevitable we are back where we started - all previous CR funds have been expened so the only value we have is an ASX listing.
that's my opinion.
