They still have to produce something that the ASX is happy for shareholders to vote on. There should be more clarity now that the NT Govt have banned all license holders from taking bets on Australia Lottery results. So now they have the same level playing field as Lottoland, just missing a crowd. Lottoland claim 600,000 register users and ACU have maybe 1,000? They could try doing an ICO but would need to be re listed with a healty share price for that to happen.
They are suspended because in their wisdom, they closed down the original operating business, so now the ASX deem them as just a shell, that needs shareholders to vote on a new direction.
Millions and Millions of dollars wasted.
Now closed down the Weather Lottery and do this instead. https://www.charitylottery.com.au/page/weather.
The logo looks like it must have cost A$10 to get made, so a real budget project.
All I can say is WTF!
ACU Price at posting:
1.5¢ Sentiment: Hold Disclosure: Held