It will need a lot of cash to relist and whomever would do that needs absolute control. Share consolidation of 100-1 is now off the radar and 1000-1 most likely to establish a clear majority for the new shares issued at 0.001 post consolidation. Better to let it wilt on the vine and pick up the clean shell at auction..
There are too many questions and "trigger events" such as repayment of loans upon relisting etc etc.....
Sorry to say my $2000 gamble is gone and I doubt one day I'll get a cheque for $2 for my unmarketable parcel.....
TC.
- Forums
- ASX - By Stock
- End of WFE
It will need a lot of cash to relist and whomever would do that...
-
- There are more pages in this discussion • 144 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 WFE (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online