It is now over 2 weeks since it was supposed to relist, any word from them, of course not.
If they relist without funding it will get belted.
And when shareholders ring they tell them it is going to plan.
What are load of , as I said earlier there plan would no doubt to have this in place before meeting, or at the worst while it was suspended, and still they try and say it's to plan.
If it goes ahead, which it should, it should be alright, but what is going on and why no word.
The longer it takes the more I think a takeover is on the cards, or there is bigger problems.
Either way it is obvious they have no concern how shareholders feel.
Not that they have to, given the rules in place that make them accountable to very little.
Not talking directly at this company, but if someone starts a business that loses money, can they get a bank loan if no assets to back it up, of course not,
but can they list and get money out of the public, with no or a poor business plan, no problems, and are they accountable to the people who fund them, no, as this company has demonstrated by their lack communication for their failure to meet the deadline they put on themselves.
And who is to blame, it has to come back to the ASX for having suck slack rules.
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