RE: I will grab some more3 Mar 2023 10:29
This is crazy, buying something that's getting delisted? Why? Who's gonna buy it off of you let alone for a higher price? Re-listing on the the illiquid ASX under Strata aint gonna help either given the shambolic history of this management. Not even a new strategy with push the price up since this management has lost all credibility over the years. Trust me, it takes way way longer than you think to RE-Build lost trust. NPVs and valuations don't matter no more. don't forget, price swings on the ASX are way more brutal than other exchanges?
I don't think whoever is buying right now realises the degree of gamble they are taking.