Originally posted by carnabombers
Don't get your hopes up people. BPG's response to ASIC was arrogant and they didn't answer their questions properly. ASIC aren't satisfied with BPG at all. This still has a long way to go. Phua wants to list but he has to dot i's and cross t's before ASIC give them the go ahead. Especially after the RC into banking, ASIC will now be a lot more vigilant.
This still has months to play out.
Good on them for asking the questions. ASX can’t just keep them suspended indefinitely just because they want to.
They have pretty much much done everything asked of them by the ASX.
It’s the shareholders the suspension is harming, company just carries on business as usual.
