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
RNO Price at posting:
2.8¢ Sentiment: Buy Disclosure: Held
