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  1. #34
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    Quote Originally Posted by SonicGeko View Post
    From the ASX announcement which you can read on here:
    https://laybuyinvestors.com/investor-centre/

    They are hoping for shareholders to vote in favour of delisting from ASX and to list on Catalist.

    https://www.catalist.co.nz/

    They are saying one of the reasons is they think share price is not reflecting fair value. Also will save money from delisting etc.
    I am pretty new to investing, still learning a lot. Have a very small amount on Laybuy shares, lessons learnt haha. But has anyone had experience with investing on Catalist? interested to hear peoples thoughts? The value of shares is very little so going to hold them to see what I learn from following what happens in the process of delisting and relisting. What are the chances of them acheiving fair value through listing on Catalist?

    sounds a bit like the 'Turkey voting for Christmas' stance coming from Laybuy
    As for Catalist - they are still going .. still dont see many listings?
    Had a brief couple of looks, but nothing much doing there at the time.
    An expensive site fees wise & wouldn't go out of my way to go back there.
    Unlisted would probably see more eyes, but would they want LayBuy onboard ?

    Achieving fair value (whatever that is or will be) looks difficult on Catalist
    when many likely wont be going there for a low value holding in what appears
    to be morphing into an imploding basketcase

    For any looking at hoping for something out of it - look no further than the
    Catalist fees schedule:

    https://www.catalist.co.nz/Fees

    In our public market and in any wholesale markets investors are charged a trading fee if they buy or sell in a secondary market auction. The trading fee is the larger of $30 or 0.25% of the value traded.

    In our private markets, if trading fees are payable by investors this will be set out in the relevant private market information page.
    Now someone tell me they like the fees structure ?
    Last edited by nztx; 26-01-2023 at 11:53 PM.

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