Ann: Responses to ASX Queries, page-17

If the delisting involves the loan then it will be up to Axis to repay the loan (it's possible Gutnick can call on favours from friends), or provide some security to the outstanding balance to regaIn lIstIng. The ASX will only allow the stock to trade if it is de-risked, and mum and dad investors won't be burnt. It Is these MED board bast***s that started the problem. It's these bast***s that have to solve it. Us little fish can only sit by and watch. Gutnick wouldn't like it because it shifts risk from MED away to Axis.