I don't believe any banking/financial institution in Australia with a risk management department would give finance to a company that couldn't get audit signoff and was delisted from the ASX.
The Australian economy might be coming back to life, but a banking institution would be better to wait for an asset to liquidate and buy it out a lot cheaper, and putting in their own management team to have complete control.
What is the precedent for companies that were delisted to become relisted on the ASX for breaching the rule that FAS breached?
Dreamers, page-125
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