I’d suggest your right. Says a fair bit about them IMO using their name as leverage that they intend to participate to influence potential investors who were fence sitting (I was one of them). I think this shows more than any positive announcement (or fluff) can do leading upto re-listing.
the major shareholders were going to participate...but didn’t mmmmm...sell sell sell red flags everywhere
Ann: Board Changes and Directors Interest Notices, page-84
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