Good evening,
I think highly of the company and its future prospects. The main liability for me being invested in this stock is that it's listed on the ASX.
For those in the know, it's quite clear that the Australian economy is in a lot of trouble...due to record and unsustainable private debt levels related to the ponzi financialisation of Australian real-estate of which our beloved banks and the entire Australian economy is held hostage to. When this current farce/ponzi scheme/ bubble inevitably ends (as they always do) due to a host of possible triggers locally or internationally, or simply due to running out of stems, this will have a devastating effect on the Australian economy, which will negative effect sentiment on the ASX and in turn shares of MSB.
Here are just some of a variety of sources of information that assert the same (basically they consider the absurdities of the situation based on well established economic principles):
Feel free to read this paper if you wish to be more aware/ informed re the current situation:
https://www.academia.edu/31725578/T...ks_Houses_Debt_and_Vulnerability_in_Australia
http://rationalradical.me/
Therefor, I'm strongly in favour of MSB relocating their entire share registry to the NASDAQ (If at all possible).
I know this may be inconvenient/ unpleasant to consider, but hey...this is the situation we're in.
What do you guys think?
Is this something you've considered/ factored into your decision making when holding MSB shares?
If responding directly to me, please be aware/ assume that I'm quite familiar with all the aspects/ machinations that is MSB.
Anyway, I hope that entirely relocating to the NASDAQ is something that management would seriously consider.
Done.
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