19-05-2016, 07:57 PM
(This post was last modified: 19-05-2016, 08:01 PM by specuvestor.)
They already submitted A1 for listing application, which I think is valid 6 months. They need the PHIP to be approved for listing and start road show. There's still a backlog of A1 yet to get PHIP, and can be due to discretionary or non-discretionary reasons
I was the one who said 2 years ago that it's a binary event. It is still a binary event 2 years later. If it manages to IPO with Vendor share sale then fundy doesn't matter. Cashflow wins and none wiser. In other words if they IPO without vendor share sale then my skepticism is totally unfounded.
I was the one who said 2 years ago that it's a binary event. It is still a binary event 2 years later. If it manages to IPO with Vendor share sale then fundy doesn't matter. Cashflow wins and none wiser. In other words if they IPO without vendor share sale then my skepticism is totally unfounded.
Before you speak, listen. Before you write, think. Before you spend, earn. Before you invest, investigate. Before you criticize, wait. Before you pray, forgive. Before you quit, try. Before you retire, save. Before you die, give. –William A. Ward
Think Asset-Business-Structure (ABS)
Think Asset-Business-Structure (ABS)