12.2 An entity's financial condition (including operating results) must, in ASX's opinion, be adequate to warrant the continued +quotation of its +securities and its continued listing.
I wonder if that came up at the AGM, yesterday!
I think the ASX are a bunch of wet blankets, but maybe they are just doing their jobs and the LCY management are being clowns.
I would love it if Mr. Gupta clarifies...
Ann: Suspension from Quotation, page-2
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