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13/05/19
12:43
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Originally posted by 42trader:
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Delisting, no surprise. Sound like they are keen to relist in another jurisdiction, namely the US at this rate. Need to have something worth listing for. Maybe they may get that cash injection they need if it all centres around the US. Let’s let another Australian idea be sent off shore. Goto their website and put in your email details. Email alert is at the bottom of the page under Investment menu so you can get all the valuable notifications they put out like the last 2 years, Hahahaha. For those not sure YES it means you now have no chance to sell your shares on market, they are worthless anyway. What may happen is if they want to move the company to the US you may get an offer of peanuts for your shares via email alert or they may just fold the company but sell the IP for the tower for 1 dollar to the Texan’s. I invested a small sum as I liked the idea of the towers. They may still come about but not here and not with EVM and we are unlikely to ever benefit if one is ever built.
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Originally posted by 42trader:
↑
Delisting, no surprise. Sound like they are keen to relist in another jurisdiction, namely the US at this rate. Need to have something worth listing for. Maybe they may get that cash injection they need if it all centres around the US. Let’s let another Australian idea be sent off shore. Goto their website and put in your email details. Email alert is at the bottom of the page under Investment menu so you can get all the valuable notifications they put out like the last 2 years, Hahahaha. For those not sure YES it means you now have no chance to sell your shares on market, they are worthless anyway. What may happen is if they want to move the company to the US you may get an offer of peanuts for your shares via email alert or they may just fold the company but sell the IP for the tower for 1 dollar to the Texan’s. I invested a small sum as I liked the idea of the towers. They may still come about but not here and not with EVM and we are unlikely to ever benefit if one is ever built.
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Think more a positive than negative. I understand it to be if they move to another jurisdiction you will still have your same holding.