IPO on ASX: 20c.
Delisting price: 3.9c.
IPO on Nasdaq: 7.8c
Last week's close: 5.2c
This is not the trajectory that companies seek when listing on Nasdaq, after *years* of action.
And what will our shares be worth after the Board print themselves a new third of the company?
And what will our shares be worth on June 30 when everyone wants out? How many more shares will the Board have printed before then?
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