Ann: Proposal to Voluntarily Delist from ASX, page-16

Don't worry guys, it turns out that the reason the investment company has gone down hill isn't because of poor management or high expenditure, but actually because of the ASX and the ongoing difficult hurdles known as "compliance"... 

2. Delays in implementing the Company's objectives: Compliance with the ASX Listing Rules does not only create a financial burden but, in the board's experience, creates major delays and other regulatory obstacles to simply implementing what the board believes is its primary business objective; namely, investing in a multitude of industries, technologies and asset classes. The board wishes to act opportunistically in this endeavour but is constantly frustrated by the regulatory road blocks contained in the ASX Listing Rules or by the ASX interpretation of those rules;