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15/09/16
08:56
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I think the question is whether the company could meet the requirements of the ASX listing rules - especially rules 1.2 or 1.3, in order to list at all.
http://www.asx.com.au/documents/rules/Chapter01.pdf
The last annual report made available (2015) says this:
Revenue for the period is comprised of revenue from the sale of Bioeffective products.
The loss for the consolidated entity after income tax for the reporting period was ($6,441,971) (2014: $3,930,046).
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I don't see an icicles hope in hell, unless hell is struck by an ice-age.