Relisting will bring renewed interest in the stock. Many still see RYG as a geothermal business and would still be unaware of RTO underway.
It will be similar to an IPO as many will want to know more about the new kid on the block.
Also the prospectus will be distributed to brokers making them aware of what is happening.
This all may bring new money into the stock, we need new money to propel us forwards again. Considering there will be roughly twice as much stock on the market after relisting we will need a huge increase in demand to take up the extra supply of shares on the market.
It's the old supply and demand equation. What will be the effect on SP well that all depends on demand.
RYG Price at posting:
3.5¢ Sentiment: Hold Disclosure: Held
