Delisting from the ASX was the ultimate goal of the takeover...

Delisting from the ASX was the ultimate goal of the takeover attempt from JBL. Looks as though he's going about it a different way now.

I believe that shareholders already have plenty of valid reasons to sue the directors of HML. Captain Carpark "forgetting" to pay the annual ASX listing fees will just be one more to add to the list. It's still a turd of a case for any class action firm and the pirate lawyers know it.