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08/01/16
09:01
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Originally posted by sugadante
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end of the day, everything said about the asx backlog and all is all good if thats the case and yes it would be out of the control of the company but what isnt beyond the company's control is a simple announcement to let shareholders know a variation to their proposed listing date, quite simple. If anything, current management should learn alot from the mistakes of old management ie putting shareholders last and left in the cold which severly affected trust in management and transperancy- does a lot to the shareprice and for investor belief and confidence in a stock/ management
putting all that aside regarding listing date just going by without a word, letz talk about another more important piece of information which should have definantly been addressed by now in the form of a asx announcement to maintain transperancy/confidence in management and above all else to keep both current holders and potential investors in the loop. What i am referring to is obviously the capital raising results- if im not correct, the only inkling we know about the results of the cap raise has been from a financial review article which has not yet been confirmed. If it was good results as the article was alluding to with a full take up, including usa investors taking up the raise, why wouldnt you want to at the very least put that information out their to
keep investors informed and to ignite some excitement in the stock prior to it being relisted to the asx-
for me, i just can not understand how management would not want to inform investors about a successful cap raise with cornerstone us investors taking up the raise as the financial review article quoted, but above all else to show how this stock is far from the one in the past that didnt care about shareholders- just saying
no cross promotion but my largest holding just above duo is srt- as others have mentioned, meeting deadlines and being transparent is alot of the foundations for investors to gain trust in mangement and in a stock- srt, on the 23rd december from memory sent as an announcement knowing investors were starting to lose faith- just looking at what the price is doing there pre acquisition is proof that investors need transparency and active management putting shareholders 1st
sidenote>as ive mentioned here numerous times before, i am still a firm believer in zyber and the credentials of this company- i do believe that this company is definantly.in the right space moving forward with big contract wins inevitable and also believe very strongly in the credentials of management so do not think i have changed my sentiment on zyber from the nature of this post- all i am saying is that after seeing nice moves on my srt and srtoa holding, the oppporuntiy costs of management leaving us in the dark here is defening
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Personally I think you are looking at this the wrong way. Current Duo holders are not really investors, most only recently buying in looking to make money.
Zyber is taking over and will recapitalise a lifeless shell. I think from memory they were going to try to raise 6 mill, but maybe only 3 mill. Current shareholders were never going to get a piece of this placement. Any real information flow will happen close to listing or when they at least have a listing date, they will want to have some ammo.
So the old DUO shareholders are not at all investors in Zyber. Maybe after a period of time when relisted SP will rise with information flow. Then there may be another placement and all shareholders may get a chance to actually invest in Zyber. But until such time we are only shareholders not investors in Zyber.
Well that's my take on things, your opinion may differ.