Listing on the German exchange would be like another CR right? They put a % of the total value of the company up for sale and raise Euros to spend rather than AUD.
How would the total MC be worked out then? I would expect all CRs to be done on the German exchange reducing the % held on the ASX. Say if it was 50/50 and the german shares end up being worth more (with exchange rates) than the AUD shares. No doubts there would be international traders who would keep the values similar via arbitrage.
SHP Price at posting:
16.0¢ Sentiment: Hold Disclosure: Not Held
