I think the best solution to this mess created by the ASX is to...

I think the best solution to this mess created by the ASX is to give shareholders a pro-rata in-specie distribution of the Atomera shares and cash owned by KTE.
That will give shareholders direct exposure to ATOM on the NASDAQ and will eliminate the current NTA discount.

The NSX or similar exchange will still have KTE trading at a discount and the liquidity will still not be great as it doesn't have huge numbers of traders.

Making an announcement of a pro-rata in-specie distribution of the ATOM shares will also boost the KTE share price in the near term leading up to the 7-May suspension.

The only ones that will lose out in this scenario will be the KTE directors since they wont be pulling any more directors fees but this will be more than offset by the benefits of owning ATOM shares.