IMO Yat probably wanted to list to get the liquidity to continue...

First 34 Last

Share
Profile

Follow
Godra

517 Posts.

47

25/08/21

20:57

Post #: 55573171
Share

Originally posted by Mom88: ↑

Said no CEO ever.

Not sure which part of the corporate world you jumped out from but what your ideal scenario is so different to the reality of majority of listed co. Retail has never been treated the same as insto and that will unlikely ever change. For example, how many stocks have price action without any announcements and retail finds out 2 weeks later on a fundamental change? It is pretty standard practice and story in the market and unless you are part of a much bigger army or an insider, most info are not available to you.

At this point in time listing isn’t even exciting IMO as it is way too early to list at their full realised potential. Grow this privately for a while longer. Get those cash positions up and revenue story. There are so many potential exit options down the track that listing is only one of them. This could easily be a take out target by the likes of FB and tencent or any other giant in the space who will pay billions to acquire innovation. Or why not simply just keep growing this and become the tencent of blockchain gaming? Many possibilities here and in the infancy stage the company really should concentrate on one thing and that is growth, ultimately increasing shareholder value.

Not sure about anyone else but this de listed co is one of the very few companies in my portfolio now giving me amazing returns and having weekly newsflow coming.

Expand

IMO Yat probably wanted to list to get the liquidity to continue to acquire and invest in other blockchain companies.

When the unicorn raises were successful plans would have changed as he has big backers and plenty of cash. I’d say now the focus is to continually develop and acquire compared to listing. I’m sure he has a target time in mind to list and I’m I trust he’ll be spot on with it.

AB1 Price at posting: 18.0¢ Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

Reply

Top Stories

SFX

Sheffield Resources spruiks 'pleasing' maiden MRE at South Atlantic Project

ASX Market Close: Middle East War rattles investors | June 23, 2025

Listen: HotCopper Wire Podcast 014 – Abu Dhabi wants to buy our 'true' oil and gas gem

Markets were expecting Trump to bomb Iran. It's just another new normal

Uranium ignites: Is this the start of a supercycle?

First 34 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

IMO Yat probably wanted to list to get the liquidity to continue...

Top Stories

Sheffield Resources spruiks 'pleasing' maiden MRE at South Atlantic Project

ASX Market Close: Middle East War rattles investors | June 23, 2025

Listen: HotCopper Wire Podcast 014 – Abu Dhabi wants to buy our 'true' oil and gas gem

Markets were expecting Trump to bomb Iran. It's just another new normal

Uranium ignites: Is this the start of a supercycle?

Featured News