Is it?Proportion of assets in cash12.3 If half or more of an...

Is it?

Proportion of assets in cash

12.3 If half or more of an entity's total assets is cash or in a form readily convertible to cash, ASX
may suspend +quotation of the entity’s +securities until it invests those assets or uses them for
the entity’s business. The entity must give holders of +ordinary securities in writing details of
the investment or use. This rule does not apply to the following.
• A bank or a non-bank financial institution.
• A +mining exploration entity or an +oil and gas exploration entity, unless ASX decides
otherwise.