If you like to sleep at night how do you actively trade SEA when it is only on a US market . As I posted previously the timing was all wrong , SEA had bottomed and was building momentum and momentum players coming on board . Imo it would be up to 30 c now if they had waited . The strategy was set and it was working , all they had to be was patient . It is a nightmare to me if the motivation to move to redomicile is easier access to loan funds and script based purchases of other businesses . I think that the BOD made the decision in frustration because the Market did not love them , but you only have to look at a 5 year chart to understand the Market's scepticism . You have to earn the love with the business performance and they are on the cusp of doing that .
Posters who think the move is a magic bullet for higher prices I think are in the same frustrated mindset .
The timing is wrong but no use complaining because the damage has been done .
SEA Price at posting:
24.5¢ Sentiment: Hold Disclosure: Held