Ann: LNG Ltd Plans Dual Listing in USA, page-33

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sivart

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04/03/15

11:55

Post #: 14857404
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Originally posted by DArabie ↑

Not mentioned in these thoughts are the effects of a US listing in dual class and not a cross listing:

1. Allowance of LNGL to be included by US ETFs that are the main source of trading volume here in the states. Many traders only trade these and thus LNGL would be missing out on this option.

2. CURRENCY impacts, some Instos only trade American companies due to currency along with the ever expanding strength of the American dollar.

3. Separate multiple for the US listing that will bring in the full value of LNGL. Like I have stated many times, companies like LNGL trade for great multiples here at home(back in October I stated that if LNGL would be an American company, we would already be seeing 12 to 15 dollars) and now the full value will be unlocked to fund the Maggy and Bear Head projects along with spinning out an MLP and dividends in the future.

Cheniere is the stock most focus on when trying to judge but most forget that Cheniere has multiple layers already and that LNG is only one symbol. There is also a MLP version paying dividends that hasn't run up in price but has been a steady earnings payer for a while now.

We need more facts but after the initial capital raise that will come with the new listing, expect to hit some big time multiple expansion finally assuming the market is also still cooperating.

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All of this would not work for an ADR full listing and an ASX main listing, but it would work as equally for a CDI asx listing and a main US listing as it would for a dual listing.

LNG Price at posting: $3.52 Sentiment: Buy Disclosure: Held
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