So is this the 2nd time it’s been discussed about listing away from the ASX as I found this article from 2017
But artifical intelligence player rejects reports it plans to take company private.
thewest.com.au
Hi Pom.
I think it was always expected that when the company reached a certain level of development and maturity it would relocate to an American exchange to enhance its potential for future growth.
I think many of us hoped and expected it to
eventually achieve something akin to the status of a prime which is more likely in a larger pond.
Australia was seen as a kind of incubator for this.
I don't have any problem with it personally as long as the timing and mechanism involved doesn't screw over the existing share holder base.
I also think the chaotic nature and uncertainty's around Trumpanomic's may have thrown a spanner in the works, temporarily at least.
I certainly wouldn't be advocating for a move until both our balance sheet and share price are stronger.
I don't think it a wise choice from a position of relative weakness.
We say we have world best tech in our field.
This needs to be proven out commercially
first to both reward current share holders and entice either a buyer or a strong initial showing on a prospective redomicile.