Great roundup & I am sure you are correct. But it would be a classic manoeuvre to list here to get the IPO cash. Then build the business while running the SP down. Then the same guys run a US based SPAC takeover at a 20% premium to the average SP. Put it to the SH vote? Sorry who cares, they have the majority. And then they are listed in the NASDAQ in the USA where the big money is. You have to ask just how long they need the ASX listing. Again I hope you are correct and I'm just delusional.
SBW Price at posting:
13.5¢ Sentiment: Hold Disclosure: Held
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