Leaving ASX for overseas seems Ok to me. Yet, like some suspect what’s next to happen ? Will the company be “stolen”, is it the biggest worry ? Will listing in NY or London be safer ? Is SGX a cowboy stock exchange.... I hope not !!
I think as long as $$ is coming in giving a good profit, then wherever it is listed matters not. I mean, wouldn’t you buy a great stock, say Berkshire, even it’s listed in US ?
So the sell off is caused by uncertainty, probably pushed along by sharks who beat down price to buy at the cheapest.
Having said that, I don’t like this merger nonsense either. I’ll be selling up at the appropriate time, but DYOR !
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