Maybe many issues, however, the facts are that "how can the stock be resisted without more information!!
Such as: Why did the former MD resign, and the former Chairman . Plus, what happened to the drill
hole and the geophysics? If the former MD resigned, he must be open to inside trading, if he sold any shares
There is no proof at this stage that he did??
However, how can the company relist without a sensible update of the technical data, "pending".
If I was ASX, I would reject the Company's response as inadequate.
Ann: Exploration Update-MRD.AX, page-54
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