The strange part is, as you say, these things may never happen at all. The "disclaimers" always cover them for that possibility, in every news bulletin and form. So it makes me wonder about the much earlier "efforts", 2 to 4 years back. Rather than painstakingly read about previous IPO attempts, I would think that you or other long term holders, would have knowledge of some of the earlier "failures"(obviously). Did they all go via a similar "path" of paperwork and filings, then fall down completely, and fail? If so, that is a long term, zero success rate. Does it point to the current hopeful scenarios also failing likewise? Don't forget their "pockets" grow larger, even with each failure, as time goes by. I realize what you mean by PPS growth potential, over time, which might be the only advantage here. Can you tell me much, about the ancient efforts that have been "abandoned"? Sorry to sound negative, but I don't find this pessimistic. It is after all, the reality of the situation.
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