RE: Easy Money?26 Jul 2023 08:45
Morning GermanGrim,
Id say its my stubbornness that prevents me admitting this is a dead duck... but my eternal optimistic side refusing to let this slide.
I'm sure CP could of had this back to market one way or another in the last 5yrs , no doubt about that... The product itself is worth having especially if you like the thought of Gold and potential prices rises... It could & should be rolled out to the wider market which is hopeful for the future but the glacial pace CP moves at makes me shake my head in disbelief.
Then I ask myself why would he do a pre IPO if he had no intention of full IPO? Taking on more staff and developing the App?... doing plenty interviews making public intentions of relisting ??? ...Also, he really should set up the internal share swap so any LTH's who want out have an avenue to leave before the relist to avoid a big sell off on day one..... So many things he could do to re assure LTH's that this is worth investing in and holding to see what the future holds.
My final though is if there is no IPO this Q4 then it will probably be next Q4 if ever.. His book of excuses is on the last page IMHO.