ATR 4.55% 63.0¢ astron corporation limited

Ann: Intention to redomicile - supplementary anno, page-3

  1. 29 Posts.
    re: Ann: Intention to redomicile - supplement... Yeah, like you Damo I'm unsure what this means. I sold half mine at $2.80 last month when it started to drift downwards so I've locked in some profit. I had intended to keep the rest for the long run but unsure now. Like you I think this is a great resource and expect it to go for a run at some stage. I don't really want to own a single stock listed only on the Hong Kong Exchange but will probably be happy with a dual listing. To be fair, ATR haven't made this decision yet, only mentioned it as a possibility. They clearly believe this move will add shareholder value. Hopefully the company will provide more information or somebody more knowledgeable than I will respond. Also have a feeling that this could be used as a bit of a shakeout so if prices drop I may buy more. But, equally likely, I also need to understand companies I'm a share holder in and my current uncertainty may lead to me selling.
    Anyway, I'll give it a bit more time before I decide.
    Cheers
    Chris
 
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