being delisted wouldnt see the share price tank. It would...

being delisted wouldnt see the share price tank. It would effectively in most cases make the share worthless because OTC trading for the major retail holders here would be almost impractical. It seems highly unlikely though as management themselves have said we are already too retail heavy. So in essence, why would you run the risk of delisting and then reinstatement from ASX at the cost of lost institutional placement. The side issue here being the lost of index fund holding in itself not being ideally good if you want index fund/institutional holders but being great to burn shorts. As others have said today with the other index delist 18% up.

Even if we do get delisted shorts wont essentially automatically worry for a call on the shares unless the institution asks for them back so they can then sell there “substantial holding themselves” but we havent seen any substantial holders sell out at all recently only them lending shares to shorters. So seems highly unlikely we will be delisted. A suspension from trade may happen if management cant find a independent director but these guys can just tap the local seniors home for someone of “sound mind” to come onto the register if they are desperate lol