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Why would you buy this stock when the company is delisting, page-49

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Indytrader1988

5,978 Posts.

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11/08/22

15:16

Post #: 63059384
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Originally posted by nrl1970: ↑

Firstly I will clearly spell it out to you Eloi75!

I stated 100 x 0 = 0 if things don't change implying if the company continues to slide. Not that the shares are worth zero which is clearly not the case, but it is a possibility!

Removing LVT from the ASX does remove shareholder ability to have a say in the company. Animoca AB1 delisted March 2020 since then;
1. No shareholder proxies or voting rights
2. Capital raises held without notification until after the fact.
3. only recently reviealed 2019 finacials nothing for 2020-23
4. Company almost exclusively run by management.

So Eloi75 these are also facts for AB1 how do you think shareholder will go with LVT delisting? I'm thinking mushrooms!

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Read the announcements clearly and read the constitution of LVT. Then come back to me.

LVT Price at posting: 4.4¢ Sentiment: Buy Disclosure: Held
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