well it's been three weeks now and so far, it appears that the only HAO buyer has been Gary Morgan cleaning up un marketable parcels.
It appeares that there a quite a few who want out but cannot find a buyer because there aren't any and furthermore it appears there cannot ever be any by ASIC rules (see qualifications for buyers on the Primary Markets website).
Obviously this PRIVATE Trading Hub is working against the interests of Shareholders because we can only sell to existing Shareholders or Institutional and Professional Traders at (right now) fire sale prices.
If the General Public cannot become buyers then the share price has only one way to go and it is unlikely to be upwards.
Maybe its time for a PRIVATE shareholders Meeting without Gary Morgan to discuss what options we have?
Who is in?
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