New Offer for ISXFEU, page-86

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Jazzyjojeff

1 Posts.

08/08/22

19:48

Post #: 62994771
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Originally posted by Advent1969: ↑

The problem is simples to explain, even to a left wing hactivist that likely has OM leanings/connections or is an OM stooge;

A direct listing will work if there is a prospect of liquidity in the local market. Wise and Spotify had that, as local insto's were on the register.
ISXF has no local insto's on the register. Its AU insto's are not mandated to buy on the lSE (most likely)
The LSE, NASDAQ ehave *local* liquidity requirements.tc
Until BREXIT, local shareholder spread was 25% of securities must be held by non insiders that are resident in the EEA
Post BREXIT it is 10%
ISX may have less than 1% that meets this criteria, as BVI is not considered in the zone

The reason is that unless you have local insto support, you have no liquidity, your price spirals down as it relies on retail, and the bourse loses as it has another "flop"

A trick may be for JK to move his holdings to the UK, ex BVI, to meet the 'black letter' of the rule, but it wont solve liquidity.

A market has two sides, something you would be well minded to keep consider with your next "plan"

Perhaps you can put this exceptional idea to one of the many boards on which you sit? See how it goes of them first?

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Soo say oneday the storm clouds clear and the sun comes out for isx -Sp1 - isxfu. Almost 3 years ago we shot to $1.76 then plummeted back to around 70 cent then up to last price of $1.07…..Three years ago. We have now been given a 1 for 10 deal in ISXFU. I had 192000 shares in isx -sp1 and now i have 19200 shares in ISXFU. soo for all of us to even thinking hoping to recover any money similar to pre suspenseion this is going go need to float at $10.70 per isxfu share.
in what world does Jk think that will happen.
SP1 Price at posting: $1.07 Sentiment: Hold Disclosure: Held
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New Offer for ISXFEU, page-86

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