9SP said it was in the best interest of shareholders to be removed from the ASX.
Our best interest to see our investment gone, that doesn’t sound like our best interest, Hmmm.
I’ve seen them come back years after delisting, the game is not over until liquidators advise there is zero chance of economic recovery.
Things don’t look good but remember they have convinced some big holders to take this path so why would they accept to lose their investment?
We still hold shares in this company and it could potentially relist at another time if they can cut costs and be economically viable without raising funds.
JMT’s
9SP Price at posting:
0.4¢ Sentiment: Buy Disclosure: Held