Delisting from ASX and IPO at $6.00US on AMEX.
17 for 1 reverse split prices aussie IPO pre split shares at $.353US or 45 AUS cents. Seems like reasonable risk/reward with shares currently 25AUS cents.
Downside is directors have had a gravy train for 20+ years without really value adding much to long suffering share holders. Also large increase in remuneration for them assuming share holder approval of IPO and AMEX listing.
I hold ZBB.
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zbb energy corporation
Delisting from ASX and IPO at $6.00US on AMEX.17 for 1 reverse...
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