Neptune, I believe the time is given because alot of people won't be back from their Holidays until 11/1/16. For example the property development and construction industry which I am in, we don't really get going until the 11th. Then people would need time to get the payment etc. together which was an issue in the first place.
There is no "relisting price" as such. The CR is 2.5cents. What the market prices it at upon re-opening will really determine the price once it is "relisted". It can be more or less depending on what the market feels.
Obviously the CR was a drag on the performance of the share price in the last few months, and in hindsight, management should have done it back when the share price was above 4c. But I think good things are still coming.
With many of the worlds major investors now turning an eye to green and sustainable energy, despite the low oil prices, including the $2b from Bill Gates and his encouragement of others, I think "sustainable energy" (which I prefer to the term renewable energy) will have extremely good long term prospects.
SHE Price at posting:
2.4¢ Sentiment: Buy Disclosure: Held
