SMX 0.00% 26.0¢ security matters limited

They knew that were de-listing so why bother lodging the report?...

  1. 355 Posts.
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    They knew that were de-listing so why bother lodging the report? No point. I bought the stock on Feb 15 and 16 and will end up with ~50,000 SMX on the NASDAQ after the 1 for 10.3624 consolidation.
    The redemptions for Lionheart III were over 99% so I would expect the NASDAQ price to drop substantially from the current US$9.35 but stay above US$1.40 which is my break even price after the merger. It looked like a no brainer to me at around 18c two weeks ago but time will tell. I'm pretty sure the Top 20 and management are happy to see the back of the ASX tbh.
    Last edited by Kirpa: 06/03/23
 
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