IMO will become delisted then a unisted public company and still be under ASIC rules. Looks like they won't like that . Can possibly use private trading facility but depth etc is not very transparent generally. Then become a private offshore company - yep then then the real worry starts as no regulation Then the funny business IMO Then possibly at some time in future Nasdaq listing. Would not be a full listing given size and compliance etc for even pink sheets os as onerous as ASX.
Looks to me like they are trying to shake of existing small holders and will do several issues as a private company to achieve this - well that is what I would do .
A company that says costs and compliance of ASX aren't for it and thinks Nasdaq is easier IMO is kidding itself
Yep looks to me like ASX small holders used as a disposable stepping stone funding fodder unless there is a large change in the way I see things have been run
I still can't work out how good product really is and barriers to others ?. .
GMV Price at posting:
4.2¢ Sentiment: None Disclosure: Not Held
