Wheels without motion for time being and it will start moving...

Wheels without motion for time being and it will start moving again next year???

I wish that the trading will be resumed soon. However, the requotation of both ANS and SDL on the ASX may wait until the subscription funds of $100 million received by ANS in its bank account in Australia.

Please read ANS announcement on 1 March 2018 when the company was under trading suspension and a condition imposed by the ASX for requotation of ANS shares (see statement in bold).

quoted
"As noted in the Company’s Replacement Prospectus, the successful completion of the Company’s capital raising is contingent on the ASX granting the Company’s request that the Company’s shares be reinstated to the ASX trading platform.
Prior to the closing date of the Replacement Prospectus, a Chinese investor applied for 300 Million shares under the Replacement Prospectus at an issue price of $0.01 per share and deposited RMB 15,000,000 (AUD $3 Million) in cleared funds into the Company’s bank account in China.

The ASX has informed the Company that, as a condition for requotation of the Company’s shares, the ASX will require all subscription funds received under the Replacement Prospectus to be held in the Company’s bank accounts in Australia.

The ASX has also requested additional information which could not be obtained by the Company from China by the requotation deadline of 28 February 2018. At the Company’s request, the ASX has formally agreed to extend the deadline for requotation of the Company’s shares to 21 March 2018, to enable the Company additional time to satisfy all of the ASX’s requirements and conditions for requotation. The Company is arranging to transfer the necessary funds from its Chinese bank account to its Australian bank accounts as soon as practicable. The Company is also continuing to liaise with the ASX on meeting all other requirements and conditions for requotation of the Company’s shares"