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01/02/19
14:14
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Originally posted by John1985:
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Well part of me is happy and the other part thinks this is not going to bode well. I can't help but wonder what sort of deal has been done to get these guys in. We have no money, and unless they know some people people with fat wallets to write fat cheques. There isn't enough money to even pay their wages. I suspect they are going to take the company private and do what they want with the assets. The only thing of value left... though the value isn't proven. But I hope they do have some absolutely fantastic contacts and are beating the doors down now. I also am assuming they know what they are in for. They may be worse than the devils we just had. Or they may cause a stunning turn around and forever leave their mark. I am also expecting an announcement from them soon. Hopefully it clears up my doubts.. Good luck all, we are in for a hell of a ride before this rollercoaster ride comes to a stop.
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John1985 one thing you might be overlooking is the value of a listed entity in and of itself. it is an onerous job to get an IPO off the ground. The Board choosing to go may be for a number of reasons, lets see what the new BOD have to say