EstarOnline Ltd

CJ · 04-06-2013, 04:38 PM

Originally Posted by sailor1

Yes, Unlisted board wouldn't make a lot of sense if we want to up our profile. An IPO in the present environment would probably achieve that to a greater extent but, generating profits as we are, we probably don't need more capital and dilution is always a pain.

It could be a pure compliance listing without any new funds raised. It would also mean that any future funds that did need to be raised could be down quickly and easily as a SPP.

**percy** · 04-06-2013, 05:10 PM

Originally Posted by CJ

It could be a pure compliance listing without any new funds raised. It would also mean that any future funds that did need to be raised could be down quickly and easily as a SPP.

Yes I think you are correct.
I don't see them needing any funds in the near future .

**SCOTTY** · 04-06-2013, 05:44 PM

Agree CJ and Percy. Only a Compliance listing required as with Snakk which is now capitalised at about $35m

**stoploss** · 06-06-2013, 09:24 PM

Originally Posted by percy

Wondered where you got to.?
Board meeting this Friday as you noted.Should be something on their site www.estaronline.com late afternoon.
Either Unlisted or NZAX.[I hope NZAX].Don't see an IPO.Just transfer across ,as they don't need to raise capital..CJ's list looks good.Divie? I certainly hope so.
Will we see you at the AGM on Friday 2nd August.?
I turned down SLI to buy more Estaronline.!!!! We will see?
Think you could say,"we are well positioned."

Thought I would get this on the front page , big day tomorrow. Fingers crossed.

**percy** · 07-06-2013, 04:55 PM

More work to be done before migrating to NZSX.
Bit disappointed as I thought they were ready.

CJ · 07-06-2013, 05:35 PM

Very disappointing

Stuff up on the accounts
No div info (though understandable)
No progress re listing
And worst of all, going external for strategy advice - sounds expensive an makes you wonder to what extent they are outsourcing their directors role

Revenue up is positive and hopefully the increase in costs will increase the growth rate goin forward.

**SCOTTY** · 07-06-2013, 07:02 PM

On the positive side, still profitable and revenue up although not as great as I had hoped. Looks like NZAX listing being considered as no mention of the Unlisted market.

Disappointed in listing progress though as I thought that more progress would have been made here.

Will just have to wait for FY report and the AGM for more info. (and hopefully a divi.) ;-))