EOF 0.00% 2.9¢ ecofibre limited

The Spyglass, page-546

  1. 1,126 Posts.
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    May I respectably suggest you use paragraphs and English sentences in your more lengthy posts? It is a noggin fryer trying to read.

    For the potential ‘full’ NASDAQ listing, as you say via EOFBF the level of demand for the stock from (mostly) Americans is currently very low.

    Whilst most of our customers are American, the vast majority of our shareholders are Australian. I know this is anecdotal, but for one of my 3 active stocks, the recent ‘transfer’ from ASX to US listing for the same reason has in my personal opinion been a very poor result for shareholders...

    I sold half my holding before the transfer from ASX, but I wish I sold it all given the share price fall afterwards, plus the potential tax issues, plus I don’t understand the reporting/compliance requirement of the non-ASX jurisdiction.

    So given the choice, whilst EOF is majority owned by Australians, I would much prefer the ‘primary’ listing to be on the ASX.....


 
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