It simply means by removing us from a cent stock, investors will be more insentivised to hold rather than trading pips. This will consolidate the number of holders which again will be appealing to instos.
If people here want to believe it doesn't matter then I'm happy for that to be the case. In saying that, you only have to look at the traders talking here and the lack of insto's on our registry to understand this may play a part.
I'd also ask if it doesn't matter, tell me why then companies do it?
Please also to those participating in the conversation - stop putting words in my mouth. I'm not saying CRO needs to do this now, more so politely responding to other supporters that it does indeed have an impact on the investors we attract, therefore future share price.
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