RE: Relisting5 Feb 2020 08:02
Good morning Serge
Your view is completely logical and I can see that on relisting some shareholders would sell whatever the circumstances. In my case I am currently probably in that situation too but, it could be that at the time of relisting we are in a completely different place maybe with jvs/farmouts in place and funding secured. In that situation I would try to look at it objectively and may decide not to sell. What I am saying is that some shareholders may look forward rather than backwards. For the avoidance of doubt, Zaza lost my trust with the primary bid fundraising in Feb 18 only a month after he had told us there would be no further fundraising, but I did not sell my shares (alas!!!). I considered the position and still thought the investment would come good. So I do think relisting is likely if we survive post arbitration.
Fingers crossed for this not being a hypothetical discussion!