my initial thoughts on the delisting attempt, page-17

Just a slightly look into the volume of trading in the past 3 days, on Wednesday, there were 210, 275 shares trade down when the news was released, on Thursday, there were 295,868 share trading on buying back and today, up so far, there were 63, 686 shares trading with up and down balance.

My thought is that, the volumes of trading has been slowly reduced into the hand of long term holders and those volumes just equivalent to my guess of 60-100 holders out of remaining 1600+ holders. Many don't cave in just as RG expected it means to be.

I first bought the shares in 2017 with around $20 k when it was at $5.19. I now have over 60 k shares in 4 accounts (1 is my best friend) and my average price is $1.8x/ share. I had faced many criticisms in the past, but you know what, over the long run, my ratio of consolidating even though higher than the rest except TIC founders but it is reachable target or minor loss, I believe.

If the share going to be delisted, which I intend to fight btw ( I will find a way to send a mail/email to ASX), I will still not sell my shares until TIC founders give in. They are having a battle with the Court case, which I totally understand that they may be a bit quiet.

But bearing grunt as a long term holders like the rest of other holders, my principle is like, I will not cave in because it was/is my money and why would I sell out at a loss when I know when TIC founders sell out, I will be breaking even or make a little dough out from my investment, my journey with Computershare (you are talking about 6 months straight in 2024, over $2 k spent on registers alone (almost a new Iphone here, darling), every 1 or 2 weeks, dragging my stubborn face to Victoria Park railway station, to get to the Computershare hub and till the point, they don't need to ask but already know who I am and what I am up too).

Jeremy's idea is great and I will find a way to send in a letter myself with concerning about the Company's Directors which like Richard said, not up to it and went on with what pretty much you called BS about wasting their management time. Get this straight, your retired Directors, Lynsey Cattlemote stood for us and bought in shares even when it was at $1.40 to fight together with me. Johnathan Ling, he acts as a moving force to remove the Company's secretary and investment manager, Johnathan West and Anita James to be replaced with Katrine De Bont and Caroline Ireland. Raymond Horsburgh, used to be joked by me on Hotcopper for only spending $500 on buying shares, but at his last minutes before passed away, he spent over $15 k at least to buy shares and only to be taken away by RG's take over bid. Not to mention bunch of Employee Shares scheme be confiscated under the current Board. Enough is enough! This current Board of Directors needed to jump off the cliff, I reckon, they need to see how their former delegates uphold their principles before talking to me and the rest of other Hotcopper members.

Stick to Jeremy's proposal and follow Richard's advice (2 members bought in after the takeover bid according to Pact's statement), which I intended to follow them too. I was laughing when I read Caroline's statement about those who bought in after the failed take over's events, which dragged on for 9 months and 6 months of my butt's time at CA, and more like I am sidelining with them right now. Bad luck or not, central universe or scientific explanation, we are saying $3/share.