They were suspended by ASX for breach of the continuous...

They were suspended by ASX for breach of the continuous disclosure rules - MMGA seeking a board spill got the company to provide a shipload of information to shareholders prior to the AGM voting - that flow of information has seemed to dry up markedly since the BOD was re-elected.

While you will still hold the same amount of shares "if" or "when" the company is delisted you will have to deal with this aspect of not being a listed company !


The ASX Listing Rules will cease to apply to the Company once delisted and Shareholders will not have the benefit of protections inherent in the ASX Listing Rules. These include restrictions relating to (i) disclosures on issuing of Shares and other Securities (ListingRule3); (ii) ASX corporate governance principles (Listing Rule 4); and (iii)making significant changes to the nature or scale of the Company’s activities (Listing Rule 11).