was doing a bit reading for why a company delists and goes private this is a voluntary delisting, NOT forced. forced means they are most likely going bankrupt and it is the END for the company BUT voluntary delisting is the company is by choice removing them selves from the public (ASX) since they can not get the funds through this option AND the company sees themselves valued at a higher level than what the ASX (the general population/public) is valuing them at, so their only option is to get out of the ASX and take thier ideas elsewhere -i.e. private, and smash out their idealogy and business model there.
for me personally (and each to their own), i have bought at $1.40 ish, so in too deep, no point of me selling, toooooo big a loss. I am in for the long run anyway and will give their private route a chance. makes sense when researching it last night.
if you bought at 30cents or less, maybe sell and put you money elsewhere for a quick gain
good luck
SPT Price at posting:
6.8¢ Sentiment: Hold Disclosure: Held
