There was nothing in previous announcements saying a update will be announced to the market September.
Many holders have contacted the company and jemma. When I spoke to Jemma I asked her if the company was going to delist, she was ifing and aring and couldn't say No, that alone raised red flags.
You mention cash in bank, it dosent matter if they have $1 billion or $5 in the bank they did the wrong thing by ASX not following the correct procedures that is why they being investigated by ASIC.
ASX have time frames that every company on the ASX must follow, if these are not met ASX have the power to delist the company.
You can throw this into the pile amongst the other companies ASX delist.
Kiss your money goodbye as ive written this off as a bad debt.
RRP Price at posting:
8.5¢ Sentiment: Sell Disclosure: Held
