RE: Dates1 Aug 2023 08:47
@BR,
Firstly, many thanks for all your hard work here, it is appreciated.
It may be big, but the SP has shown little regard to that. So the real big boys still require convincing.
It was wrong of SD to place at 14p, knowing a shoe-horn in was about to occur, at little more than 50% of the price. That shows little regard for existing shareholders. He, of course, has his options at 25p!!
As for raising money. Many, even in current climate, manage it at a premium. Look at recent rights issues. Aston Martin being a prime example. There's is all about future expectations.
The ASX listing will not show existing owners of stock any favours, and is likely to prompt further dilution.
A comparison to our peers, would not be favourable, currently, with or without up listing.
Good luck.