RE: Front page of Express - Prostate Cancer3 Jun 2024 12:52
I think all this talk of delist and listing elsewhere is garbage.
1) to list on NASDAQ you need a massive volume of cash. We don't have it.
2) BIO is set up and should the test sell well, they'll list to provide a return to their initial investors.
3) Entities involved in this listing want to eventually see a return and the company may in the future want more funds or may want to take advantage of other mechanisms to enhance the share price. You cannot do this delisted.
4) On a delist you still own the shares. Just moving them is harder. No one is interested in this option.