AB1 abarta resources limited

The Sandbox, page-702

  1. 195 Posts.
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    I can't see it relisting this year.
    I'm speculating (what else can we do?) that they are hanging out for a top exchange to list on.
    If it is to be NASDAQ then value of Animoca will still need to increase.
    To IPO on NASDAQ share value needs to be minimum value of $4 (US). Okay Animoca is not IPOing, all it is doing is changing from one stock exchange to another, but the same opening value might apply?
    Another issue with NASDAQ is that once the value of shares drop below $1 (US) the company is delisted from NASDAQ.
    Happy to be corrected on the above.
 
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