AI disagrees with SD10 Jun 2025 07:24
So the statement "Only Depository interests representing underlying shares in Greatland Resources Limited can be traded on AIM (AIM:GGP) post cross listing", is contradicted by the Google AI as follows:
"The statement that only Depository Interests (DRs) representing underlying shares in Greatland Resources Limited can be traded on AIM (AIM:GGP) is incorrect. Greatland Resources is expected to have its shares admitted to trading on AIM, alongside their listing on the ASX. This means that the direct ordinary shares of Greatland Resources, and not just DRs, will be traded on AIM.
Here's a breakdown:
Greatland Resources is the new entity:
Greatland Gold plc is undergoing a scheme of arrangement where shareholders will receive shares in Greatland Resources in return for their Greatland Gold shares.
Shares, not DRs:
Greatland Resources will be listed on both AIM and the ASX. This means the ordinary shares of Greatland Resources will be traded directly, not just through DRs. "
All my shares are held via Freetrade in an ISA, which obviously means my shares will need to be traded on AIm post cross listing.
I assume SD and his legal team are correct, so any legal minds on here who can explain the contradiction?