RDI is an Australian company and I assume will remain so after the IPO listing on Hong Kong SE. So the way I see it ATM is that there should be no foreign ownership problem. Where the company lists is irrelevant. The ASX listing after the merger is incidental and will more than likely be a convenience for Australian holders.
How many $5b floats would be successful on the ASX alone. The key here is that it is an Australian company listed in HKG.
Anyone got some thoughts on this.
Cheers BW
ARH Price at posting:
0.0¢ Sentiment: ST Buy Disclosure: Held
