"Is it absolutely certain that the CSE listing will fail?"
Depends who you ask ...
If you asked management, he will tell you it will succeed and that is genuine ... coz he will get to get his salary paid without being hackled by ASX (or ASIC) ... for now.
If you ask those who tried to tell us ACU was going to be $10000000 each "soon", they will continue to tell the same story and will tell you CSE is going to turn dirt into gold for us.
if you asked me who have experienced many many consolidations and dodgy BoDs in my nearly 3 decades in the game, my opinion is; We are screwed through and through - I cannot say i have seen this before!
And by the way, this was not advice ... only since you asked and it is my opinion (as my last post got moderated for saying the same as "unlicensed advice").
