Relisting is probably not likely soon. First - it's clear they did not raise the necessary money. Otherwise they would have announced it. So, the project possibly isn't going ahead. No funds left. IG6 shares escrowed. Is Barabas enough to justify a relisting? Realistically, does anyone know what the options are here? I've dabbled in the share market for 10ish years, but I've not come across this scenario before. I've seen it where another company will use a failed one for a back-door listing, with mixed success (lost on JKA, won on FTT), but I feel like escrowed shares makes it a more difficult option?
CRL Price at posting:
2.0¢ Sentiment: Hold Disclosure: Held