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Listing Fees are not due till later in year for NSX and has a...

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Teddyward

9,218 Posts.

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12/04/19

12:24

Post #: 38114178
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Originally posted by Valkrix: ↑

Pfft. They'd have to have had their head in the sand a long time to have just realised.

They suspended them for not getting their annual report out on time then when they got it among other things it contained the auditors report saying basically that they disagreed with managements assertions that they were a going concern (that's as clear as you're ever going to get it from an auditor) - and then they immediately sought to remove them as being their auditors... for all their related companies too as we know.

Even dumber is, unlike the ASX, the NSX has basically nothing else to do because JBL and all it's options etc is basically most of it's flippin exchange and market cap (if it were real) wonder if that's why they've done sweet FA... It would be funnier still if it turned out to be because they didn't pay their listing fees on time because that's one of the possible things under 2.18 rules.

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Listing Fees are not due till later in year for NSX and has a automatic process and trigger for removal but any breach NSX listing rules could be the cause for suspension under 2-18 1 .

HML Price at posting: $1.99 Sentiment: None Disclosure: Not Held
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