Ann: Kazia announces intention to voluntarily de-list from ASX, page-11

I have traded a couple dozen on 'delist' news and so far the pattern is BIG drop (about 40% on average) then some recovery so happy to nab a few here in the low 9's as that was around the 40% mark...

Not a positive view here though as did several trades on Novogen on the way to $7 then caught some of the bounces as it came down...

Note the chart shows SP x 10 as was consolidated...

Doesn't look like a great chart to me and that big seller on 11 may well be enough to hold it down... we shall see...