My impression is as follows:
1. As majority of shareholders are based in China, hence meeting was moved there. Pity for Aussie investors but still makes sense
2. The price has been holding up well. There is a healthy balance between buyers and sellers and no gaps on either side. Any positive and material news will put a rocket under the SP and vice versa
3. Based on the recent announcements, financial figures etc. we should not expect any unpleasant surprises from AGM. Potentially some positives but I would not hold my breath either. They will rather stick to the AGM agenda and that is it. Anything price sensitive will be posted as a separate ann in due time.
Looking at the performance of some true blue Aussie IPO's in the technology or mining space TB8 has been doing ok. Disappointing for an average punters like us, used to cashing in at least 50% from an IPO but well... let's be patient or get out with a min. loss. It's not a prison, one can get out at a click of a mouse!
- Forums
- ASX - By Stock
- Ann: Notice of Annual General Meeting
My impression is as follows: 1. As majority of shareholders are...
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)