I used to think this as well.
There is a value to being a big fish in a small pond however. APT will be ASX50, ASX20 and probably top 10 by market cap on the ASX within a few years. Literally every domestic super fund, every fund manager will have to own it. Plus, any foreign funds will have to buy here.
So you have a situation where there is massive demand for the stock and limited competition from other world-class businesses, whereas on the NASDAQ there is more competition from other companies with high octane growth also.
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