Yup, tend to agree.Their intentions will become clear very soon,...

Yup, tend to agree.
Their intentions will become clear very soon, and $25K that they haven't got (Annual Listing Fees) seems like a waste.... what do BPG get if they stay listed on the ASX?

1. They need to provide monthly reporting.
2. They will delist in December automatically (unless they can remove the suspension before then) = 6 months of the listing fees wasted.
3. The status of being an 'ASX listed company'.

Point 3 there seems to have done little to help promote their BPX exchange to crypto punters, showing it's not as lucrative as they anticipated.

Further, should any other company be looking to buy out a crypto exchange and list on the ASX, BPG with BPX would probably not be the first choice given the market cap of $27m at last listed price. $27m could get you a lot more than BPG IMO.

If I were in a position to buy out BPG, being a listed company (and suspended) I'd offer may be a couple of mil, meaning my valuation of what the SP should be = 0.00067

All IMO.