I am glad that the directors had the fortitude to eat humble pie and withdraw the IPO.
I guess that they have considered their holdings and the potential negative impact on tbeir wealth and the wealth of existing share holderswhen making the decision.
Holdings as per Nabtrade data.
McCann 1,310,000
Skinner 595,000
Behrenbruch 23,329,006
Kluge 22,675,000
Nelson 3,628,750
Olson 95,235
As to what transpires now is anyones guess but if the yanks want in then they will have to buy via the ASX I guess.
DYOR
I am glad that the directors had the fortitude to eat humble pie...
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