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Delisting., page-3

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goodie

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07/12/23

19:08

Post #: 71334423
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Originally posted by Michiba: ↑

Hi Goodie, there is likely to be a transition period, so if you exit on day 1 after delisting there will still be a discount that accrues to the remaining holders. One example that I have seen was 7.5% discount if you exit in the first 3 mths, then 5% for 3 to 6 mths etc.

However, that said, it is a good margin of safety and I have topped up a couple of times. I am also scratching my head as to why the discount persists at approx. 12% even after the plan has been announced.

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Yeah agree. Even if an investor had to wait 12 months before redeeming without punishment, it still seems like a good deal. I might try and top up a bit over the next few months. Is there a time frame for when this is happening?

FOR Price at posting: $1.30 Sentiment: Buy Disclosure: Held
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