That's possible Motor, but what it does highlight also is that Arasor should have informed the market earlier of the bad debt write downs giving some sort of range guidance. The announcement is hardly firm in the position that they were at all times in compiance with the listing rules, especially the last sentence stating they 'believe' they were in compliance based on the company's long winded excuses..
Complete mismanagement of this company has caused this catastrophic fall. I simply can't see them getting back from here.
ASX are toothless tigers however, lucky for Cao and his crew....
