There has been much discussion re this Nasdaq listing (as has been mentioned). Here's mu two bobs worth.
I agree that the 'expectation' of Prima listing on the Nasdaq is more than likely priced in. As mush as it can by investors.
What I don't believe has been priced in is the demand there will be for shares when Prima does finally list on the Nasdaq. This is the most significant aspect, as our market for currently listed prima shares (remember there are no new shares being listed) increases dramatically.
With Martin Rogers promoting Prima in the USA with Lucy Turnbull the success of the Nasdaq listing will have a huge impact on the SP in Australia as shares are purchased to meet the needs of US investors.
You think the buy/sell ratios are good now. Wait untill we have the US broker purchasing for US investors as well.
Regards to all
dc
last chance , page-7
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