Philip matter of fact Nasdaq is not so big just because of US investors, but investors all over the world invest there. similarly a lot of foreign institutes and investors invest in ASX as well. There are a lot of asx companies moved to Nasdaq and are struggling. There is a very thin line between greed and madness. We Australian holders are open minded but are not foolish. Yes when the investors see profits they will invest anywhere in the world. Even when US and China are fighting a trade war a lot of US institutions and investors still investing and holding their investments in china. So yes there is no doubt NASDAQ is the biggest stock exchange of world but we are looking only for a few billions and ASX is worth 3 trillion as well. We don't mind moving to US either, and let the management convince us with real benefits than talking greed. dyor
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