I dialled in. somber viewing really, just a bit of management speak justifying the move. Overarching message was that removal was because of thin trading of small shareholders whilst larger majority holders didn’t trade. They suggest it’s undervalued in light of current products in market /distribution network/ IP. Delisting will help with breakeven with circa $500k annual cost saving. They did say if delisting is successful they will look at other platforms to allow people to trade their shares.
for what it’s worth I bought more yesterday, been a long term investment and haven’t given up yet
- Forums
- ASX - By Stock
- RNO
- Ann: Rhinomed investor webinar
Ann: Rhinomed investor webinar, page-4
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RNO (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online