When is this filing for bankruptcy.
Remember all the BS talk on ST after the IPO. Just lol.
Vendors were paid out at IPO and more shares have been released from escrow too.
Case study: Investing 101
4c is a shocker - IPO price was what....$1.40? Down 97%.
I asked on the other forum if anyone had any DD.....crickets.
And if there were any traditional financial values or reports I could sink my teeth into.....crickets.
I'm not a fan of companies valued on revenue multiples......been there, seen that during the dot com bubble.
Same goes for comparing company A's valuation to company B's valuation as if that is some sort valid metric....no thanks.
IMO these sorts of listings are nothing short of criminal.
Maybe set up a poll on when punters think it will be delisted?
Still could be hope .. just find some obscure U308 prospect in Texas
Sell the LB biz for a nominal back to founders and all might be forgotten
on future hot air and renamed it could turn out to be a ripper on 4c,
rather than everyone laying by hoping as at present :)
Stranger things have been seen on ASX haven't they ? :)