Sentia, you seem to not understand how the ASX works or how a...

Sentia, you seem to not understand how the ASX works or how a company works for that matter. Delisting a company from the stock exchange simply means it is no longer publicly listed. It also means the public cannot simply go onto the market and buy its shares.

A private investor can still deal with the company such as investing, enter into contracts and provide credit.

Assets of the company can be bought, sold and depreciated as normal.

The directors are paid set remuneration as approved by shareholders. No more unless approved by shareholders.

In relation to ASIC getting involved into the affairs of the company, unless there is a clear breach of a provision of the Corporations legislation why would they spend money and resources on a matter.

You may have some clear evidence of breach and which you should provide to ASIC and share with us here on HC, otherwise you should stop making false accusations and bagging a company out.

Looking forward to seeing your evidence.

the above is my opinion of course.