Suspended for over a month now. That's no longer in "we need time for the auditors to fix our accounts" territory. That would appear to be well into "the auditors think we're insolvent" territory.
According to ASX rules, they are obliged to keep the market informed, at the very minimum about how long they expect it to be before the issue is resolved.
4.6 Ending a voluntary suspension
ASX may end a voluntary suspension at any time. It will usually do so once the entity makes the announcement about the event it said would result in the lifting of the suspension, without the need for the entity to take any further action on its part.Again, once the situation that led the entity to request a suspension has been resolved or clarified sufficiently for the entity to be able to make an announcement that informs the market about the relevant matters, the entity is expected to make such an announcement immediately.If for any reason an entity is not in a position to make the announcement about the event it said would result in the lifting of the suspension within the time that it originally anticipated, the entity is expected to make an announcement to inform the market of the reasons for the delay, and the new date by which it expects the suspension to be able to be lifted.
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6 | 1056963 | 0.035 |
6 | 1307794 | 0.034 |
1 | 100000 | 0.033 |
1 | 80000 | 0.032 |
Price($) | Vol. | No. |
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0.038 | 138888 | 1 |
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