My guess is that after ISX lose the "procedural fairness" court case then the ASX would be able to delist. So not long I would say. ASIC may even end up litigating too before the court case or maybe after delisting. Either way a company can only remain to be suspended for I think 2 years, after which delisting is automatic. Put it this way, if ISX want to expedite things then why wouldn't they just comply with the third party audit as per the ASX's instruction? Release the contract with Nona? Nona is not even a customer of ISX (anymore) so why the hesitation?
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