probably because accounting firm and auditor will not work for free....
Next problem will be de-listing from asx.2.4. Annual listing fees
The annual listing fee is the amount set out in Guidance Note 15A – Schedule 1 – Table 1B. Annual listing fees are payable in advance for the year from 1 July to 30 June. The calculation date is generally 31 May and the due date for payment is generally 31 July. Annual listing fees are calculated based on the total value of quoted equity and debt securities (ASX market) on the calculation date.
source: http://www.asx.com.au/documents/rules/gn15_listing_fees.pdf
following this, the company will likely go into administration. this is a well worn path which i am all to familiar with
another more hopeful possibility is that someone wishes to reverse list into AYN. either way we don't like getting much back from our "investment"
AYN Price at posting:
0.1¢ Sentiment: Hold Disclosure: Held