Is the dual listing really a good idea?13 Aug 2021 09:02
Good morning all, I raised this listing question yesterday when the rns first come out but was shot down in bits.
So there are 1.373m shares in issue here, so why would any company just go for another dual listing to share the same number of shares in 2 countries. The company is not in business to just concerntrate on the number of shares in the market it's about building their total business. There isn't enough shares at 1.373m to support a dual listing so it must be about getting their hands on more money to drive the business and in that case it must be about issuing more shares so dilution is the name of the game. Unless anyone in the city can tell us more, but again I expect to be rubbished by some that don't know what they are talking about.