Have you tried to contact the company PeterKing? If you are a Top 20 shareholder it would be harder for them to just fob you off compared to an average joe.
It appears to me that the projects they listed with in the IPO must not be worth pursuing. Otherwise they would have recapitalised and be trading again surely?
They could therefore be looking for another project or trying to find another co that wants to do a backdoor listing onto the ASX.
I do however agree that some form of update is warranted.
ROS Price at posting:
35.0¢ Sentiment: Sell Disclosure: Not Held