Normally listing on an additional market is undertaken to extend access to capital, of obvious importance until reaching break-even. Geographical expansion of the business would be little dependent on additional listing, although it might increase Oz investor awareness for CR purposes.
One disadvantage to its ASX listing is that PEB will become available for discussion on the HC forum. Rather than being determined simply by the content of company announcements its investor sentiment then risks being infected by unhealthy imaginings and cognitive biases as displayed on these threads, with likely similar consequences.
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