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09:52
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Originally posted by skinsy11:
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They have found some US investor(s) who may at these depressed levels see some upside. It needs about 3 years unlisted. US investors need US domiciled companies, like UPD Updater which delisted from Australia about 3 years ago.
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Yep, I see it at an acknowledgment that they would have had no chance getting a capital raise away on the ASX due to both current market conditions and the fact they have put their hand out too many times and they won't find willing capital.
(20min delay)