A friend of mine had their annual portfolio report sent to them...

A friend of mine had their annual portfolio report sent to them recently.

next to SIP it was listed as DELISTED? :-(?

however,they are currently suspended, after originally requesting a trading halt.

both requests mean that you can't trade the stock so not sure why they wouldn't just keep it at a trading halt.

sound and smells like a negative impact on the books which most likely will hurt the SP on the back of last years cap raising and more importantly the commentary on the state of the company by EDS & co.

worse case senario: reduced NPAT,another cap raising to stay afloat,grimm outlook resulting in another ION or NLX like end result.
best case senario: asset or goodwill writedowns and some much needed changes at board level starting at the 'TOP'!.