Unlikely. it will be largely private with an ability to buy/sell shares offered in offline manner and run by the company. YBR will likely state ASX listing cost savings and market not appreciating true nature of company valuation as rationale for the move. Last year they withdrew a motion around agm meetings so I think this is more of the same. Once trading halt lifted SP will probably drop as more small investors head to the exits prior to possible delisting. Rem report got rejected as second strike last year so this may bring governance to a head. They should be exploring trade sales as an alternative to all this to offer investors another valuation option. IMO.
YBR Price at posting:
5.8¢ Sentiment: Hold Disclosure: Held
