ok guys...some good news for those that have been "feeling stuck"...
our last traded price was 18c and I know a few transactions now going on the off market portal - Primary Market at 17 ~18c...
the seller pays the fees (around 3.5% of the transaction value) and some paperwork costs - Escrow fees.... I know many will say "3.5% for selling shares?"... well, you are getting an opportunity to exit at the last traded price... if you try and squeeze out the extra 3.5% and try and sell at 19c you get out with a net of 18c in your hands...
the last time AB1 traded on PM the average price was around 10~11c.... this is a huge jump and if the audited report is released and some listing news is discussed then we can easily see 25c on PM...
I know it means 2 years of waiting but then most of us thought that the money was lost down the drain, now you get a chance to get out at the last traded price...
just my 2c - not any financial advice to sell or buy... do your own research...
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