I got back a reply almost immediately from Management
In answer to your query Novogen has been given a grace period of 180 days to regain compliance and within that timeframe, the ADRs continue to trade on NASDAQ. I can also confirm that management intends to take the necessary steps to regain compliance and that any steps taken will be announced when they occur.
This is a good sign as the story they gave NASDAQ had to be reasonably compelling. The latest report by Novogen does sound interesting though facts won't really be ready until end of year.
NRT Price at posting:
4.5¢ Sentiment: Buy Disclosure: Held
