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Ann: Ixaris to remotely verify UBO via iSignthis.com-ISX.AX, page-37

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Green Hornet

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07/11/16

19:53

Post #: 20431853
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Originally posted by tradealot ↑

Hi Green Hornet,

Good question.

It all depends on the companies medium to long term plans. And the way it all unfolds to reach a point were the benefits far outweigh the negatives. Isx certainly operates a business that lends itself to a dual listing. So it's an option for sure.

The main reasons isx would do something along those lines is if their business expansion plans were huge and they needed to access large amounts of capital from bigger markets. (ASX is very small ) A dual listing would also give isx a larger public profile, increase the opportunity to merge with a larger peer, and it also increases the liquidity of the stock.

And of course, there's also plenty of challenges that come with a dual listing. These would be costs of setting up and maintaining the second listing. More regulatory requirements, aditional work for the directors, market releases become a challenge because of different time zones, just to name a few.

So if a dual listing did happen it wouldn't be a matter that was taken lightly.

One of the reason's I invested in isx was the protection afforded to the company by the way the directors set up the company in the first place. The directors had a fair idea that the company would be a giant in the future and that's why they kept the controlling majority of shares on issue. They have full control over the companies future and destiny.

GH, maybe next time your talking with you high level contact in the company that you email, you could see were they stand on this issue and guage their future plans and let us know. Thanks

Cheers
Tradealot

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Tradie try not to annoy them.
They are very busy by the amount of people they are and have been looking for.
If I could get to the AGM would have run that past them. Then again they may not be able to answer that question if things are in the pipeline or thoughts.
Time will tell and am happy to sit and wait-perhaps will get to AGM next year

ISX Price at posting: 16.5¢ Sentiment: Buy Disclosure: Held
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Ann: Ixaris to remotely verify UBO via iSignthis.com-ISX.AX, page-37

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