The Listing from Nick Clark, page-5

Thanks Pinto. That makes it a lot easier by not having to decide whether to have CDIs or shares. I guess your accountant will be happy to hear that.

It also means there'll still be a lot of liquidity on the ASX as we'll keep our 250m shares listed on the ASX.

If the investment banks and their clients (institutions/private investors) want to buy AJX then there will be a very limited supply on the NYSE, if the IPO is a maximum of $20m. If they really want a good parcel then they must buy on the ASX. I don't see why they won't be buying big time in the lead up to the US listing.