TheScotchIrishBull10
$PONGF Oh boy. PDubs has sounded an alarm at a new level.
Downgraded to Expert Market Only. No trade info even published.
There is the obvious bear case for this. Delisting. Going private. Buy Out (we hope; were our votes even counted in the last meeting?)
The glass half full (perhaps insane) optimist view is we are on the path to a true US listing. ADR?
Management has given no signals it wants any US listing or US investor coverage though? ...but maybe that it is the method to the madness.
Regardless, this has been a painful 5+ years and this is another incident on the timeline with no communication.
I hope Wade Rosen understands this. Very silly for him to talk about building trust when he ignores his very own shareholders.
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