I am, sometimes, quite shocked at the lack of understanding some people have of the machinations of the stock market, company law, ASIC and ASX regulations, and then mixed into the pot Singaporean law.
I'm pretty certain ODN and gridComm have paid a substantial amount of high level legal fees before making their announcement last week, and people are still questioning whether it's progressing or not.
I see a fledgling IoT, disruptive player being back door listed into Odin. This isn't a short term, make yourself rich in a few months deal, this is having the ability to get in at the bottom floor, and then watch the growth of the company over the next 12 months.
Traders make money chasing pips, investors make their fortunes investing in companies that they fully understand, appreciate, and share the long term vision with management. If you don't, then sell. It really is that simple.
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