Thought I would start a new thread in ref to GSW Listing on the NEO...
Moving forward to the listing ...the BIGGEST UNKNOW is at what price will GSW list at opening.....taking into consideration the $ Can and the 7 to 1 consolidation....
The BOD obviously already know the $..I suppose all will be revealed once delisting / listing is confirmed.
Usually..but not always,,,the listing price will show a healthy % gain when compared to its last traded price on the previous exchange....especially if a barrage of positive news is released prior to listing..
Also - why the NEO and not the NASDAQ....maybe its because ...the NASDAQ requires that Directors have to hold all their shares for 12 mths, while SH must hold for 3 mths....though I think the Directors part is of more concern to them ,,I cant imagine them worrying too much about SH Lol!
So, IF ( and its a BIG IF) !hat is the reason - or 1 of the reasons..are they foreseeing a spike and / or quick share price acceleration upon listing to cash in on some of their stash by listing on the NEO...??? As it would not be possible on the NASDAQ.
Just thinking out loud....
Aimo..
Thought I would start a new thread in ref to GSW Listing on the...
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