RE: The UK must still be asleep 😴20 Feb 2025 21:09
It’s a cross listing not a dual one. A cross listing is better for UK shareholders as it means that when we float in the ASX the Ozzies will be trading the same shares as us. It is believed that this will end all of the (suspected) shenanigans we get on AIM.
A dual listing (I believe) is where you’d have ASX GGP shares traded in Oz and AIM GGP shares traded in London and, apart from arbitrage possibilities for the big players, would not benefit is private shareholders as AIM could still be doing ‘AIM’.