Worst-case scenario for shareholders is if the directors allow ELE to be delisted, meaning we can't liquidate our holdings and I'm not sure if (from an ATO perspective) we can even crystallise the loss. Legally we'd still own shares in a public company, but as an unlisted one they're much more difficult to value or trade.
Unfortunately on current trends of sh1thouse management I think that's quite a realistic outcome. Hope I'm wrong.
Worst-case scenario for shareholders is if the directors allow...
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