now that rio/th are gone including paid directors with very little shares, the big question is will the company continue on the asx or be delisted? i would think it would be an advantage to stay listed for reasons such as investing in other asx companies/ obtaining finance/funds through share issues/ building company up to cash out and make profit/ take over. it was a known fact that rio/th wanted out and thats one of the reasons share price went as low as it did, the recommendation from directors to sell is not with our best interests in mind as the companies share would not have gone as low as it did, also the proof is the last cap raising knowing the company was to be given away and taking a large sum to pay a loan back to themselves, shareholders were never a consideration other then a source of income. what do others think?
IVA Price at posting:
21.5¢ Sentiment: None Disclosure: Held