No.... ASX investors will not like it one little bit if they use a price like that.
You can how quickly any funny business gets torn to pieces (and rightly so) in the comments on these threads since the announcement over these couple of days....and this is just from retail...on a relatively unknown stock....
My hope is...and I'm scraping the barrel a little here.... is that if they do run with a high price (and it would seem that is their intention..even if they pull it back a bit), that Sizzle have read their market (the NASDAQ) correctly and that US investors aren't going to be quite so picky... maybe due to looking at the bigger picture..... or as you say the realistic view the price probably will stay around that...... or simply lack of Lithium Investment choice. (TS did mentioned there were only a few options to invest in Lithium on the NASDAQ?? - no idea if this is correct...)
musings only...
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