So why NEO and not NASDAQ or NYSE if we're looking for "savvier" investors? As you all may be aware I'm not exactly a GSW fan, but I didn't like the ASIC or CA stuff - wanted to see this play out naturally in the market.
Agreed that ASX is a dubious fit but I think GSW's problems will follow it. IMO they have built an unwieldy, small-scale (we're down to announcing single store grocery business wins for DBP), and poorly-disclosed frankenbusiness to hit short-term goals. Listing on NEO isn't going to magically change their fundamentals, although I'm guessing that quick witted day traders might have fun along the way.
GSW Price at posting:
34.5¢ Sentiment: Sell Disclosure: Not Held