"That of course is our ultimate sanction for wrongdoing, to remove you from the official list and to remove your access to the public market. There's been a number of companies that have incurred that particular penalty, starting with Haoma [MIning] at the beginning of the year for some pretty egregious breaches of the code amongst other things."
Mr Lewis also cited the action taken against companies like Hardey Resources, Manalto and Victory Mines over their relationships with Adam, Darrin and Alvin Blumenthal and the entities they control, including Everblu, Anglo, ASN, Horatio and Suburban. Manalto has been allowed to resume trading but Hardey Resources and Victory Mines remain suspended.
https://www.copyright link/markets/...hanges-to-stop-dodgy-listings-20190103-h19nny
And now it will be removed from ASX.
My last post here and I shall now start focusing on other ASX stocks to get my loss of thousands back. All the best to all shareholders and my thoughts will be with you always. Take care of yourselves .