My thoughts re the move to NEO...
Once GSW delist from ASX...the relisting on NEO..will not be immediate...the will be a short gap..
There will be a prospectus issued n a book build to attract new investors..n also to raise more $$$. A capital raise has already been hinted at by Frisher.
Depending on book build....the share can open at a much higher premium n re-rate than the $0.30+ it is now - even after consolidation..
A this will depend on what GSW has in the prospectus and what future news or new developments they will have to offer ....n also...how the outcome of the pending CA is viewed ..
Bottom line is...the share price now is a non event for SH following it to Neo...
Above is only my thoughts n opinion..but there does seem to be a gameplan of sorts at play here...
- Forums
- ASX - By Stock
- GSW
- Ann: Updated Indicative Timetable for re-domiciliation
Ann: Updated Indicative Timetable for re-domiciliation, page-2
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GSW (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LGP
LITTLE GREEN PHARMA LTD
Paul Long, CEO
Paul Long
CEO
Previous Video
Next Video
SPONSORED BY The Market Online