9SP 0.00% 0.4¢ 9 spokes international limited

I wonder if the strategic review will seek to take 9SP private...

  1. 42 Posts.
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    I wonder if the strategic review will seek to take 9SP private just LiveTiles (LVT) has done? A summary of that situation...

    • LiveTiles (LVT) has submitted a formal request to be removed from the Australian Securities Exchange (ASX)
    • The employee experience software company told investors that remaining listed was no longer in its best interests
    • It cited the underperformance of its share price for the decision, saying it was valued materially lower than unlisted companies of a comparable nature and stage
    • Shareholder approval for the delisting will be sought at a general meeting to be held on or around September 5, with an anticipated delisting date of October 7
    • Shares resumed trade today, nosediving 50.9 per cent to 2.9 cents at 12:40 pm AEST

    Source: Market Herald

    The rush for the exits with LVT is not unexpected but still troubling.
    Last edited by WonderDog: 03/08/22
 
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