Hey, AB1...Care to Respond to that ASX De-Listing Notification Yet?!, page-71

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Misschow

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16/02/20

21:45

Post #: 42964179
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Originally posted by mr_delta: ↑

.... I don't know if we will be trading on ASX from next Monday 24th Feb or we get delisted and move on... but I think IF we get a chance to stay on then probably there will be a short run for the the exit upon trading... a lot of people were trapped when this went into suspension... they will get out no matter what price it is... and some LT holders too... I don't blame anyone who has his/her fingers on the sell button on relisting... I would sell too if I was in dire need of money and had a lot of AB1 shares... (but I am not in need of money and can hold on for a while)...

BUT BUT BUT has anyone noticed how strong the crypto run is RIGHT NOW??? IF we relist in the coming few weeks in this atmosphere with all things sorted and bedded down and with cryptos going berserk, this might actually be able to absorb the initial 10am sell off much much faster as many will be willing to take a punt on AB1 as a proxy play for cryptos...

so in some way there could be a nice incoming force to balance out the outgo...

let's see IF we get to stay on first... that is the $64m question for now...

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I think the worst case scenario would be if AB1 got an extension for another month or 2. Either we relist or not relist is what people are looking for. I think AB1 has jumped through enough hoops to make a case to be on the ASX. No more uncertainty please.

The fundamentals of AB1 are very strong atm. If you take out the consultant fees from the last 4C, we are still profitable. Just the damn lawyers are making killing. I noticed more chatter about crypto lately. It appears sentiment has turned more positive.

AB1 has a big future ahead. We just need to get over this and move on.

xxxooo

AB1 Price at posting: 18.0¢ Sentiment: Buy Disclosure: Held
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Hey, AB1...Care to Respond to that ASX De-Listing Notification Yet?!, page-71

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