Lancermofo, it depends on their intent and strategy. They have to present a viable business case to the ASX to be readmitted, so awaiting the next major news on direction. I am trying to dig up info on the investor's background and their investment firm strategy on other investments. It would be naive to think that the CEO has come to Australia to build the Gooroo business in isolation. Firstly, it is the wrong market to be in ( Australia IT sector is laughable when compared to the rest of the world), quite likely, they would be looking at a stronger US strategy, that would mean de-listing and building the business up for a new listing in the US. It depends, there are a lot of variables and unknowns. If anyone else here has some insight into the investor beyond wishful thinking and hype, please share.
GOO Price at posting:
5.7¢ Sentiment: None Disclosure: Not Held
