"The Board wishes to note the large number of small shareholders on the Company’s share registry. For the good of those small shareholders, the Company wishes to take all steps necessary to work with the ASX to ensure the Company is not delisted. Beyond engaging with all parties in order to implement a solution to remedy ASX’s immediate concerns, the Board in 2019 will be appointing an independent corporate governance expert and wishes to seek recommendations from the ASX as to the scope of the corporate governance expert’s engagement. The Board would be willing to share the contents of the expert’s report with ASX. The Board is also open to appointing additional independent directors."
Hopefully they mean it!
Ann: Update - ASX Enquiry, page-3
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