Hi - Newbie here
Hi
Gisborne Gold posted this comment elsewhere "In my particular case I drew back from the IPO option altogether in the end."
Got me thinking and thought I'd ask a question:
What is the best way for this strange company create liquidity in shares?
Snapshot:
- Patent investment company (3 years old)
- >70 shareholders
- Have the "mom and pop" constitution (must offer to all other shareholders for 1 month before selling on open market)
- No liquidity at all
- Profit 2008 nil
- Proj Profit 2009 500K
- Proj Profit 2012 >5M
- Best guess market cap based on investment is 3 to 10M
We need to do something soon as there is now an appetite for liquidity - never has been before
Any informal ideas or discussion would be welcome
Thanks
MsWonder
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