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  1. used moggie
    894 Posts.
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    14/02/12
    15:21
    Post #: 9691456
    I think the general answer is the ASX can not enforce as they have nothing to threaten them with, given they are suspended.

    It also most likely means that in order to get relisted they will need a full prospectus and must satisfy the listing rules as if they were a new listing, which includes a 20 cent issue, spread, activities, reports, etc.

    The cost of that would be over $150,000.

    Not looking good.

    RCP Price at posting: 0.3¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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