Allow time for the dust to settle27 Jun 2025 00:42
This isn't the first time a company I'm invested in has cross-listed and likely it won't be the last.
None of us have a fortune telling crystal ball (least of all me) however, because of my previous experiences I am aware that the initial volatility created is pretty much inevitable and although it appears chaotic (probably because it is chaotic!) only lasts for a relatively short amount of time, allow yourselves a couple of weeks or perhaps even a month for the dust to settle and the overall picture will become clearer.
I'm not trying to sound like some wise old owl buti I wish someone had mentioned this to me several years ago when I first experienced this.
I also notice that within the possible time frame of this initial volatility we also have quarterly financial statement due so this could also briefly contribute to a bit more turbulence so I'm going to buckle up for the time being.... Just until the fasten seat belt signs tell me its safe to do so.
Oh how I do love an aviation based metaphor !