LKO 0.00% $1.00 lakes blue energy nl

ASX response, page-9

  1. 213 Posts.
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    LKO' ongoing suspension...Matter remains unchanged ( as of 18th Aug morning ) since that time.

    Nothing new or satisfactory from the reply ...

    It is the responsibility of a listed entity to ensure that it complies with obligations under the Listing Rules and to ensure that it is always capable of so complying.

    If ASX has concerns that an entity may not be in compliance with its disclosure obligations under the Listing Rules then, in sufficiently serious cases, it will suspend quotation of the entity’s securities.

    Where an entity’s securities are already suspended, the next enforcement measure available to ASX is to remove the entity from the official list, which is a severe step and one which ASX will only take where absolutely necessary.

    However, a long-term suspended entity’s securities will not be reinstated unless ASX is satisfied that the entity has remedied any outstanding material breaches of the Listing Rules........

    @ okaaok ...you must have got more specific reply to be satisfied.

    so what next....wait , wait , wait for a free upgrade from suspension to delist and then until CO2 Production generates cash for operation costs and listing fees ..DYOR...lol..

    Cheers !!!


 
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