Unless there is any progress by Wavefront, I believe it is unlikely that NXR will come out of suspension.
There is also the is requirement to add a 3rd director.
There is no point NXR being reinstated to trading until there is news from Wavefront.
In order for NXR SP to perform will need the news to be along the lines
"Positive Purdue results and now Wavefront is considering commercialisation opportinuties etc..."
This is where the Chinese major shareholder(s) need to play their part in order to get a decent return on the NXR investment.
Chances of coming out of suspension on 1 July, page-2
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