Replies to post #142086 on Sulja Bros. Building Supplies, Ltd (SLJB)

[kaddy27]

as far as what I have read yes, with three years audited fins, we know they are only releasing one, however, someone stated that one year actually covers three?? I have no idea on that issue, I think it was Wave??

[knocker]

The Dubai listing, I don't really buy into the ten cents argument to keep above the 50 million USD capitalisation required as the rules are sufficiently flexible that if the exchange wanted SLJB to list there they could, (maybe the AFs are part of that I don't know), but the requirement that would be difficult to breach is that lots of shares would have to be 'transferred' to the Dubai exchange, or some sort of equivelant of drawing rights to the stock in the U.S., and if SLJB has no plans to expand the O/S then where would these shares come from?

[spaceheater]

Yes they do have to be reporting, but the necessary market cap holding period timeline initiation does NOT have to be conincidental with the date of that audited reporting. Overlapping is just fine for those purposes.