liquidity was always a concern prior to listing, I wrote to Charlie voicing this issue when the 38-1 split was announced, his reply had no answers with regards to liquidity and no concerns. If a numpty retailer on the sidelines like me could for see potential issues you would think management would have had a plan.
Lets face it, at 38-1 with the lack of shares on issue, if there was a major catalyst for the price to jump you would most likely have the same issue on the ASX, the spreads would be out of control. There just isn't demand ATM for that to happen.
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