Cosmo: I just don't know. But sure as eggs are eggs I wouldn't allow myself to attend that presentation if I didn't have a guaranteed 100% cast iron response to the question "So tell me, Steve, why should we invest in a company whose shares are about to be delisted?" I mean, many investors are probably statute barred from investing in a delisted compnay, if they aren't, they wouldn't invest prior to the delisting (which begs the question why have the presentation prior to delisting, rather than post delisting?"), so again one can only surmise that Steven must expect something to happen prior to the presentation that will boost the price.
TJust thinking about it, the only other explanation for the presentation is that it is geared specifically towards finding investors for the next round of fundraising, which might be needed in a few months (as I believe Duttons were instrumental in introducing the participants in the last funding round). As we know, or strongly suspect, those investors have unloaded into the market at a small premium (hence the blow off at $0.70+?. However, once delisting occurs, it will be a damn sight harder to sell into the market, which either means a very heavy price discount ($0.20?????) or an expectation that delisting won't occur. Which takes us back to where I strted this thread!
Hmmm! Very intriguing!
AI
