rns duel listing23 Nov 2021 09:29
I'm new to trading so googled 'duel listing' and read Motley fool's take on it as I assumed the sp would drop on dilution of shares but apparently not and in fact the extra access to capital may do it well:
"On a micro level, dual-listing does not affect stock prices. The prices on the different exchanges will be the same when you account for currency differences and transaction costs. Over time, having a more liquid stock and the ability to raise more capital for growth could help the stock price go up — but that would only occur if the fundamentals of the business were also getting better."
I hadn't considered the Anglo-Russian tensions until I read WelshConnection's latest comment which makes sense to me. Anyway, I am holding at a loss but I may as well stay holding as I'm only in for £1K so DYO. GLA.