need some experienced help, page-6

  1. 3,290 Posts.
    "Delisting refers to the practice of moving in the stock of a company from a stock exchange so that investors can no longer trade shares of the stock on that exchange. This typically occurs when a company goes out of business, declares bankruptcy, no longer satisfies the listing rules of stock exchange, or has become a private company after a merger or acquisition, or wants to reduce regulatory reporting complexities and overhead, or if the stock volumes on the exchange from which it wishes to delist are not significant. Delisting does not necessarily mean a change in company's core strategy.[1] In the United States, securities which have been delisted from a major exchange for reasons other than going private or liquidating may be traded on over-the-counter markets like the OTC Bulletin Board or the Pink Sheets


    http://en.wikipedia.org/wiki/Listing_%28finance%29



    WHY WAS YOUR COMPANY DELISTED?

    Most companies are delisted either because they are acquired by another company, they merge with another company or they have solvency problems.

    Shareholders should also note that entities do change their name and many have had multiple names. They are then of course listed under their new name and no longer under their previous name.

    According to the Australian Stock Exchange Listing Rules a company may be removed from the official list:

    If it asks to be removed.
    If in the opinion of ASX:
    It breaks a listing rule.
    It has no quoted securities
    It is appropriate for some other reason
    If all the quoted securities of an entity have been previously suspended under Listing Rule 17.4 or Listing Rule 17.4A.
    If it fails to pay listing fees.

    http://www.delisted.com.au/delisted.aspx



    I'd say in MBO's case from the above. Not at present.












 
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