I contacted the ASX about this earlier and asked about whether HML would actually be delisted. ASX have responded with the following:
I am able to confirm that the company HML has paid their annual listing fee, however will remain in suspension pending further enquiries from ASX.
No surprises about HML remaining in suspension. One still has to wonder why the listing fee was paid late. Theories anyone?
Did they simply forget because they have been too focused on the current Takeovers Panel proceedings?
Was it paid late because they're running short on cash? Is HML's investment in JBFG not producing the desired return?
Does the investment manager John Bridgeman get paid on time or do they get paid late as well? At least we all know the answer to that one.
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