I personally don't see the problem with what Bas stated. Maybe he should have said the 'original' prospectus?? In any case, these were Pnina's own words from the release on Feb 8th:
As this new arrangement with BioHealth and the Revised Medcan Agreement is a material change tothe previously announced transaction, the Company is currently in consultation with the ASX on whatis now required to complete the re-compliance to enable CGB shares to trade again on the ASX. TheCompany will make any necessary further announcements to the market once it has formally heardback from the ASX, however the ASX has advised the Company that it will need to seek shareholderapproval for the wider transaction as well as re-apply for any necessary waivers from the ASX.
Doesn't this state the goal posts have moved and CGB can't be compliant now without a new vote?
CGB Price at posting:
3.7¢ Sentiment: None Disclosure: Not Held