Result (listing comments)25 Feb 2025 10:46
Generally happy with results and to maintain LT investment here.
This bit caught my eye from results (below)- are they eyeing a US primary listing? That would boost AUM. A reverse TO would be even cheaper way of doing it - (playful imagination).
“In last year's interim statement, we reiterated comments from our previous Chair, Barry Aling, that "CLIG is committed to meeting the standards of our UK listing although it has created a meaningful burden in terms of human and financial resources." CLIG remains committed to the UK market and our UK listing, but we would be remiss if we did not again reiterate the reality of the situation around UK public markets. Bluntly stated, the regulatory burden of remaining listed in London is real. We are monitoring the other UK companies that are announcing plans to move their primary listing to non-UK exchanges, and we continue to monitor the lack of growth in new listings in London.
We have made changes from a corporate perspective over the past two years to be more transparent of our unique situation. Last year, we converted our reporting currency to US dollars, reflecting that c.99% of our revenues were in dollars“