The last paragraph on the 2nd page doesn't sound quite right and...

The last paragraph on the 2nd page doesn't sound quite right and is a little concerning.

"The company notes however that admission to official list (and by extension, reinstatement of securities to quotation pursuant to listing rules 11.1.3) is at the ASX's absolute discretion and ASX may grant or refuse admission without giving any reason"

Surely if the ASX refuse reinstatement to quotation, there has to be a valid reason why.