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You have a video!? lol... What if we arrange to have JK send you...

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AntiN

294 Posts.

78

03/08/22

11:11

Post #: 62894918
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Originally posted by naomhan: ↑

1. That's not what's been announced so far. I have a video of JK at a quarterly update saying "we will list during the first half of 2022. We are still considering whether we do that with a capital raise or without. It depends on expansion plans". That's the last official update on the listing other than "delayed again".
2. If they want to do a capital raise, doing it as part of a relisting after a 3 year suspension is beyond stupid. It's all anyone finds when they google ISX. And what price do you think they'll relist at? If you aren't sure about the pricing of a float, you wait. A public offering at present would be unsuccessful regardless of market conditions. If you want the best price for a capital raise, your best plan is to relist, cop the inevitable post-suspension price impact, have a couple of positive announcements, show that you're EBITDA positive, and then as the share price recovers, announce expansion + CR.

So our options are list now and do a CR in a year's time. Or, don't list now and do a list + CR in a year's time. How is that better?

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You have a video!? lol...

What if we arrange to have JK send you another video with an update. Would that help sooth your anxiety?

SP1 Price at posting: $1.07 Sentiment: Buy Disclosure: Held
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