RE: RNS - Appointment & ASX Listing Update3 May 2023 01:07
Hi Zoros,
As FredDobbs posted today;
'IMO, it is absolutely imperative “completely necessary” (for the good of the retail investors, those people that took all the risk in the early days of GGP, the trailblazers) that all available price enhancing news is released before we list on the ASX and that must include the updated MRE.
It will be a serious thumb in the eye if SD lists on ASX before said updates.'
I agree with that point of view, ie, we need a fairly decent uprise in the SP most particularly before any consolidation on a ratio of 1 :10 IMHO. That is the one and only concern of mine at this point in time.
So, as Shaun states in that video...'I will probably consolidate into strength etc'
We are are going to have to wait to see what strength acually transpires over the NEM/NCM takeover but more importantly we also require greater certainty on when the MRE/DFS/DTM etc are timed to be released that wil impact the SP on any ASX listing IMHO.