It depends if the new listing will be IPO-based or direct (if ISXFEU doesn't require fresh capital). We'll know at the time.
Of course, short-sellers who haven't even bothered hiding their agenda here will be panicking, knowing it's going to be hard closing out those short positions with a direct listing
Using LSE as an example: https://www.londonstockexchange.com/raise-finance/equity/direct-listings
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