Perhaps the hold up is due to the survey finding that NOBODY wants to take up shares on the IPO?
Possibly trying to work out plan "Z" now.
How will they be able to graciously exit this one if it falls flat on its butt?? What kind of explanation could they possibly offer ASX that doesn't totally leave them with egg all over their faces?
Would it still have to list due to obligations to take up shortfall by GBA? Are GBA actually obliged to pick up the slack?
Is "using their best efforts" a get out of jail clause for GBA?
Can IPO fall over?
What happens to shares currently held by members?
The excitement and tension mount! Is the next ASX top 20 colossus having a hissy fit????
Anybody have any ideas on the above?
my turn, page-7
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