Jabra, If you read the announcement you will see; 1) The company has announced the intention to delist. 2) Delisting is a process that will take a couple of months. 3) This allows shareholders time to sell on market and crystallise a tax loss. 4) The company will remain a company under Israeli laws. 5) There are good reasons to delist in Australia.
I intend to continue to hold in the private company.
Hope this helps. bacci
GFN Price at posting:
0.7¢ Sentiment: Hold Disclosure: Held
