Ann: IHL Intends to Redomicile to US & List all Shares on Nasdaq, page-95

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Paulfool

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10/07/23

16:24

Post #: 68711584
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Originally posted by ime003: ↑

Personally I’m all for a NDQ listing.
IHL will be leaving the mining & banking sandpit that the ASX is.
The ASX has time & again with stocks that are not mining related failed to understand what is contained in more complex businesses listed here. Fintech, biotech, blockchain etc.
They don’t have the knowledge base within their walls to decipher some of the announcements & complexity they pertain to. IHL have had one from memory that took them hours to release because they didn’t understand it. Many businesses leave the ASX & Australian shores for this reason.
How many times over the last half century (my memory base) have misunderstood or under supported Australian businesses left these shores to be welcomed abroad?
The Nasdaq is home to stocks like IHL they understand them & their relevance within their respective industries.
I do understand some being nervous & the extra layer involved in holding US based entities. Some don’t like change fully understandable.
Management are engaging an independent to review the whole deal & relay their finding’s & recommendations to SH. This & further clarification on the proposed deal & the processes involved with be relayed to holders as it becomes available. Can’t ask for much more at this point?
We are about to leave preschool for college.
Good luck to all &?something to look forward to & discuss leading up to a greater understanding of where IHL is heading to from here.
Giddy up

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Reminds me a lot of the Atlassian guys who just flat out refused to IPO or list in Australia, turned out to be a very good move for them.

IHL Price at posting: 11.0¢ Sentiment: Buy Disclosure: Held
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