Ann: Intention to File Registration Statement for US IPO, page-8

These shouldn't be compared at all tbh. One was floated publicly for the first time which caused an instant rerate in their valuation the other is already listed so we already have a good idea of how the market is valuing SZL.

The value in being listed in the US is more longer term due to higher liquidity and the US markets being more comfortable with higher PE ratios. If there is a spike of 10% on the day it lists in the US it would already be a huge result but 110% IPO-specific jumps are completely irrelevant here.