SP1 (ASX) Independent market valuation report on ISX/SP1 shares.

Originally posted by naomhan: ↑

Why on earth does us being unlisted make that better for us? Markets are bad, the economy is bad, things are tough. We are unlisted, doesn't exempt us from that stuff. It just means that our market valuation isn't visible for the world to see. We are still operating in a negative market, with tougher conditions, and valuations at reduced multiples. We still have a valuation, we just can't see it, or trade at it.

If it was simply a matter of being exempted if you weren't trading, all companies would simply enter a voluntary suspension the second that markets headed down.

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Originally posted by JoeGambler: ↑

The market conditions narrative is laughable and you've busted it many times, but yet new and existing accounts pop up and suddenly post all about how bad the IPO market is, as if that's any relevance to what could be just a direct listing, and fulfil the promise to shareholders that the demerger was about listing overseas. However, we know that actually wasnt the reason as no formal commitmemt was made in the demerger prospectus. We know this because ASIC made Mr Performance shares put that disclaimer in, due to the fact he did not do so voluntarily.

"The corporate regulator has forced iSignthis to issue a new prospectus for its planned European spin-off which details the watchdog’s plan to ban chief executive John Karantzis from managing companies and warns prospective shareholders the demerged company may never list on an offshore exchange and will not enjoy the protections of Australian laws."

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Lol... of I can see you two love birds have tagged teamed to press home one of the more ludicrous ideas of 2022. Well friends, that was and continues to be one of the dumbest ideas two peas in a troll pod can conjure up.

I prefer to listen to industry experts like Blackrock who have stated now is a poor time to list, raise capital or any other like activity because of the markets. As much as I think the two of you make for good entertainment, I'd hate to have you providing advice on these sorts of matters... I'd get suspicious that you had an ulterior motive.

Honestly, stand in front of a freight train strategy (no matter what) is for folks who have nothing better to do than gaslight or just simply have zero ideas. I'm finding it hard to place your motives but I know for sure its one of the two, at least.

How could anyone draw any other conclusion. The business is offshore and operating well and in particular for a Fintech and here you are beating the drum of doom and disaster as if anything you have to say matters. Its like burning ants with your magnifying glass, hoping it will kill of the worlds ant population....

Ok two peas in a pod, over to you for a follow up for laughs.