These are good questions. The reason why they cant list in HK itself is because of heavy regulations. A lot of asian companies list in Australia to avoid that. I am sure that they also tried to list in Japan after the delisting just like in the rest of the world.
The excuse of delay because of the Covid-Situation is getting ridicilous by now. How stupid do they think we are? Other companies have listed on Euronext in the last half year already.
I dont see a listing even in 2021 because of strategic reasons even if they could list somewhere. Besides of the Sandbox Game there is nothing what would keep the share price up. For 2 years now Yat Siu is holding presentations on YouTube channels and Gaming Conventions. There is no interest at all. The Videos have like 20 - 40 Views and Investors and other Companies still are not investing on a level what would push this business.
The listing on Primary Markets the last months showed that the share price dropped hard to 7-9 Cents. I think it was the right move to delist it from there.
Lets hope that they are allowed somewhere on a stock exchange in 2021. But expect to see a big share drop when that happens. Many people will flee out and other people will be too cautious to go in.
AB1 Price at posting:
18.0¢ Sentiment: None Disclosure: Held
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