At some stage, the dust settles from the selling – People who needed out will be out….Fantastic.
Who is left to sell???????
Next phase
If you are going to the effort of stomaching the current SP & the process of transferring your shares to the USA – Surely you are not selling when they get there.
Whoever goes over with shares, isn’t giving them up until a massive liquidity event / takeover offer.
Therefore, as soon as we see the SP turn here on the ASX, sentiment will change and excitement around the USA opportunity will kick in.
There will be a run on our SP, something we haven’t seen for 2 years or since the last “NASDAQ LISTING” run.
Therefore - It is my opinion, that we will see a very strong run in our SP ((PRIOR TO THE MOVE TO USA)).
The point in time, who knows, my guess is that it starts very soon.
Expecting we will see a spike in volume one day north of 10M, when it turns we are off!
