I feel a class action should be for aaig not IPO'ing itself as a Initial Subscriber with the Deed Poll back in 2018 / 19 provided stating "AAIG intends in the medium term to undertake a initial public offering of its shares (IPO) on the Australian Securities Exchange (ASX).
ASRW has agreed to underpin the value of the shares at the price of AUD$0.35 cents per share ...""
What is "medium term" in their eyes as it has now been 4-5 years. In my thoughts" medium-term covers a range from 2 to 5".
With the investment in a superfund we are getting no value for the investment as it sits there and is questioned annually by the auditors.
I am fed up with aaig's postering and IPO delays always saying the time is not right, market is down , etc ... They need to put their money and company on the market and let it decide how good it is
Ann: Pause in Trading, page-14
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