Affrm, he isn't. The bloke doesn't understand what a scrip issue is, and there's no such thing as a 'scrip-for-scrip'. Still, if it makes you feel all warm and fuzzy, so be it.
Q, the word you're looking for is 'scrip', not 'script'.
Anyway, you and I are in agreement on this one. The bloke simply doesn't understand what he's talking about, which he ably demonstrates on a regular basis.
Dear, oh dear. That is NOT a scrip issue. What you've outlined is EXACTLY what I said in my previous post, but the shares offered are not scrip shares. Do us all a favour and google the definition.
I suppose the most recent example of a dual listing is that of GGP. I'm not really in a position to say whether it's been successful or not, but I'm sure one of the holders of GGP on here can offer an opinion.
IP, you really do need to look up the definition of a scrip issue.
What you actually mean is that if the acquirer offers their own shares as an alternative to cash, there may be the opportunity for those shares being eligible for roll-over relief. These would not be scrip shares as they are not free - which is the definition of a scrip share.
Any shares offered would be those of the acquiring company, so there's no question of shareholders still holding shares or financial instruments in Solg. (I'm afraid I have no idea what you mean by "London line")
IP, I assume you're referring to a situation whereby an acquirer offers a share alternative to existing holders? (btw, you still haven't worked out what a scrip issue is)
Even if there is a share alternative to a cash offer, none of what you've said makes any sense.
There was quite a bit of discussion about this back in 2022 and the only thing Pbow was doing was mentioning the fact Mitsui have recently met with the government.
I think the difference may be that back then we didn't have an effective COO on the ground in Quito and although there hasn't been an announcement telling us we've now got one, it has been suggested the role has been filled and the Board must be confident with the arrangement.