Quote Originally Posted by beetills View Post
It would appear to me that it will be a for gone conclusion that Speirs lists on the Unlisted market.
The Speirs board have come out in favour of delisting from the NZAX so Unlisted here we come.
I am still trying to think of any benefits for the ordinary shareholder with this move,however I pray that they are substantial.(a lot of prayers needed me thinks).
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I recall many years ago reading an article in the Herald by Brian Gaynor,when Cynotec delisted.If I recall correctly Gaynor labelled it as a disaster for ordinary shareholders.
One benefit might not be having to pay large listing fees and possibly less compliance fees.
Obviously pros and cons with both , but some may see this as a benefit ......