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vjojojose1

474 Posts.

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14/06/20

13:40

Post #: 45211208
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Originally posted by HCuser3: ↑

Agree... there are definitely potential positives but there are also significant risks to be mitigated.

Until (a) all risks and benefits can be clearly articulated and documented as part of a formal proposal and (b) risks specifically can be mitigated with a clear plan and accompanying timelines with BOD committments, then it does not make sense to make an emotive decision on the basis of ....screw the ASX! There's obviously pressure on the business to do something, but that doesn't mean we jump out of the pan and into the fire to satisfy having to do the 'something'. This is not a binary decision.

One of the obvious issues we've had during this elongated process (from both sides), is significant opaqueness which has not allowed a clear path to resolution. I am not in favour of additional uncertainity about what comes next with my investment, nor hoping on a whim that the move might work out - I'm in the business of understanding the probability of a successful outcome on the basis of clear information, tested scenarios and an agreed crisp plan of execution.

If the investment was less material, I might be inclinded to throw the decision to the wind and move on.

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All valid points, and agree with the point on 'additional uncertainty'. As fas as I understand JK's work, he wouldn't do anything uninformed. We still have a few weeks before the AGM, I'm certain more will be revealed.

ISX Price at posting: $1.07 Sentiment: Buy Disclosure: Held
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All valid points, and agree with the point on 'additional...

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