My view is that delist and then relist is NEVER an option. Neither would it ever be considered by management. My guess is that ISX is migrating its assets to the NSX (company). The process is probably almost finished so my guess is that everything would be done before the pending court case. After ISX lose the court case (ie. if ASIC hasn't decided to litigate before then) then delisting would happen. ISX would become a delisted husk and NSX would become the new ISX with JK remaining as CEO and still listed on the ASX. I don't know if ASIC would decide to litigate or not.
