ASX has asked some probing questions and reading AB1 response it...

ASX has asked some probing questions and reading AB1 response it seems that gathering info from so many subsidiaries that are in so many different accounting regimes is not an easy task (like that Argentina example)... plus this is not any standard financial institute or a mining company which has limited complexities even at large scales... this is pretty new industry with some pretty loose control...

ASX queried AB1 and until they responded put them into a suspension - that is the right way to do stuff... now AB1 has responded but simply responding does not mean that the suspension will be lifted today itself...IMO this will open the path for AB1 trading again... OPEN the path, not saying the stock will start trading again today itself...

ASX may and will have some more questions after AB1 response... if all goes as per plan then ASX will allow AB1 to trade as soon as they are satisfied... hopefully much sooner than expected - WE WAIT...

also, any Financial gurus out here who can make sense of these queries and the response? I hope AB1 has got its backend sorted as these queries will keep coming from ASX now that the blockchain industry grows over the years... we cannot afford suspensions every quarterly or half yearly for such reaons...