I think if the board did not think the TSE listing had some value, this company would not exist. What the reasons are,...I can only think of ability to raise western world currency, to sell personal shares to get western world currency, and some respectability it may confer to reputation which may be an asset in negotiations.
do you get the feeling it's a small tight club
Absolutely,...similar to SWG.t, FGX.v, etc., etc. Not meaning to compare them in any way other than a small tight club with the board and management owning a majority of the stock. There are hundreds of these on the exchanges that may or may not bother with minority investors. I'm here because I remember what they had in assets before Sierra Leone and Angola wars tanked them. If they can resurrect those assets, they should have good cashflow, and now they have added the African transport logistics company.
Hopefully it will take only weeks or months to get some freebies,...but then again,...I've held a lot of stocks for a lot longer to see profit:-(( |
