MD,
If the same pool of shares are going to be shared between the AIM and ASX RMP, does this mean that the MM's in the U.K. for the AIM will have to buy the shares from the ASX MM's?
If this is the case then surely the SP here should start to move northwards as the MM's on the AIM start to build their holding to trade on the U.K. Market.
Do you know what the split of shares will be between the ASX and AIM RMP?
A lot of the PI's are waiting with anticipation for these to start trading on the AIM so they can buy these in their "individual savings account" ISA and avoid paying CGT ( capital gains tax) on future profits made from this share.
Lets hope there's a clamour for these shares on the day of the listing (23rd June ) and thereafter.
Let us also hope that Georgia drills are under way and Africa Oil has finalized the Puntland Petroleum transaction and the Lion takeover. This would then suggest that Puntland is well under way.
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Mkt cap ! $13.80M |
Open | High | Low | Value | Volume |
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2 | 545000 | 0.022 |
4 | 580095 | 0.021 |
5 | 1758695 | 0.020 |
3 | 1450000 | 0.019 |
Price($) | Vol. | No. |
---|---|---|
0.024 | 39952 | 1 |
0.025 | 450000 | 3 |
0.027 | 215461 | 1 |
0.028 | 232500 | 1 |
0.029 | 99000 | 1 |
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