Let's SAVE this company, page-16

Hi suess, I think you are being a bit hard on all those involved.


With 305,531,855 quoted shares and 88,961,904 unquoted the market cap. at $00.01 based on the price the directors have been getting shares at is $3.945M


Even if the SP was 0.5c it still puts the mc at just less than $2M for an ASX listed company in suspension.

As I see it, whoever gets elected and has the ability to re comply with listing rules the biggest issue they will have will be time, because even with a possible extension it’s running out very quickly! The existing guys have got nowhere! And it’s taken a very long time to get to nowhere!


Also, I doubt the proposed new guys would be waisting their time if they did not have a financial contingency plan for re listing. Either that or is the effort for a little retribution?

(The proposed new guys have stated their intension is to have the company re list)