Yeah, but not until after the ASIC and ASX cases are finalised. Probably end 2023 or 2024 before we list.
While the directors are saying its "market conditions", to be honest, that doesn't really make sense. You wouldnt do a CR at the moment if you could avoid it, but we can list without one, and if we had a shareholder base to be actively traded in Australia, theres no reason we wouldnt have a shareholder base to be actively traded in Europe. Ill openly admit i have no evidence or inside word, but my hunch is that weve talked to LSE and Euronext and theyve said "hmm. So you were Australian listed, but the Australian regulator is suing the company and CEO, so you demerged 95% of your assets offshore and now you want to list with us? That doesnt make us look good. I think we will wait and see what the outcome of the court case is." My hunch is "market conditions" is just an excuse because that doesnt make the CEO look good.
SP1 Price at posting:
$1.07 Sentiment: Sell Disclosure: Held
