Hi Delaroon My understanding is that the company, having not...

Hi Delaroon

My understanding is that the company, having not been delisted, and having new directors appointed, is able to resume trading once it can demonstrate that it is capable of operating in a way that enables it to maintain solvency, with other criteria such as minimum number of directors, etc met.

I believe three directors meet the minimum requirements on that front.

Anaeco retain the waste IP, however that does not necessarily mean that the new company will be involved with waste at all (The big caveat though is - look at Tbo350's research and the link between the new directors and Monos, waste companies, etc).

What Anaeco/ANQ is right now, is an ASX-listed company with directors, but without cash or strategy on what the company will do and/or how it will do it. I believe once it has those things it should (finally) be ready to relist.

Tbo, others, what's your take..?

Cheers

Freighter