It’s 18 months to find a new company not 6 months.
First Orion will probably be the ones listing, then consolidation.
Depending on what they have to offer, which looks good, will determine the movement of the SP.
The liabitites were not as much as the syndicate of downrampers/non holders were carrying on about, they drove the SP into the ground with exaggerations and people sold out.
100 HC investors can hold as much as 15% of a company from what i’ve seen and manipulate the SP.
If you have paid stockbashers or bitter ex holders working together,they can drive a company on the ASX into the ground which is what happened here.
People who have been trading for many years understand this.
Once again it’s the people on the ASX that control the movement of the SP through buying and selling, not the company with it’s news.
This is my opinion
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It’s 18 months to find a new company not 6 months.First Orion...
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