I'm not sure if getting it back on the rails is better for shareholders or a "deal". ICI just went back to relisted after 6 months of court cases & even with good news, purchase of AB1 and new product pulling revenue $13K per day the SP plunged.
Doesn't make sense but I guess a lot of punters cashed in as soon as it was relisted to get it off their backs? SP lost about 34% in one day? I wonder if the same would happen here if holders had a chance to sell? Maybe holding out for a "deal" would be better than what might happen if it goes back to trading? Hard to know either way but the ICI case makes me wonder?
RRP Price at posting:
8.5¢ Sentiment: None Disclosure: Not Held