Just what is this all about? The costs of running an ASX company...

  1. 512 Posts.
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    Just what is this all about? The costs of running an ASX company are relatively peanuts. Does anyone seriously believe that they will make a market in the unlisted shares? If the stock is so undervalued, then make a takeover bid. They have a crap model and , hiding at the end of the announcement, the business is going like a lemon. Oh, they can't raise capital!!! I wonder why. There is no liquidity either. Well, if you will make a market as a private company, then make one now.
    Total garbage.
    This is a seriously flawed deal from a seriously questionable board. If it wasn't a flea, the media and ASIC would be all over it.
    Just what idiot would vote to delist it to let the value of your holding disappear entirely??
    Not me, I'm out of here before you guys wake up.
 
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Currently unlisted public company.

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