LVT will still need to meet the requirements if it is to list on the NASDAQ within a short time of the Australian delisting. My guess is LVT will need to make further large strides and produce the results before with a material capital injection before it meets the NASDAQ requirements. The likely course is for US investors to inject capital with dilution implications before it contemplates a new listing on the NASDAQ. This might take 3 -5 years to rev things up.
Also see my other posts 2-3 days ago.
Ann: Trading Halt, page-182
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