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100% agree MoM. Being private is best when Yat " walks the walk"...

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Misschow

1,228 Posts.

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18/06/21

13:36

Post #: 53925181
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Originally posted by Mom88: ↑

Primary markets are for buyers in the know.

When they are about to finalise a $2-3 raise you will suddenly get offers to buy your shares at $1.5-2 depending on what valuation they are about to finalise. That is when you firmly say no to those offers

Personally I understand the obsession with people wanting this to list but I don’t think it is a bad idea staying private for now. Anything under 5billion valuation listing is not worth it IMO... On the market is how we can lose 75% of our paper value but being private and just let them keep growing this and eventually listing at a much higher valuation is the way to go - of course the valuations needs to be justified by much higher and sustained growth of revenue and profit.

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100% agree MoM. Being private is best when Yat " walks the walk" instead of selling a dream.

well said MoM.

xxxooo

AB1 Price at posting: 18.0¢ Sentiment: Buy Disclosure: Held
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