My take is:
1. TLX gets played on the ASX - just look at the bot trading of a few shares thousands of times a day. CB knows this.
2. CB would know he can go head to head with Lantheus if he's on the same exchange.
3. A dual-listing would diminish (not stop) the dicking around by funds/bot-traders on the ASX because it allows true price discovery on the NASDAQ.
4. I suspect some of the offering of stock in an IPO would be from CB and AK's holdings. A way to cash out some of their stock without appearing to be "selling out".
Overall - will be interesting times but I lean towards a positive view on the announcement.
Violin1
Ann: Telix Plans U.S. Registered Public Offering and Listing, page-26
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Last
$15.39 |
Change
0.020(0.13%) |
Mkt cap ! $5.085B | |||
| Open | High | Low | Value | Volume |
| $15.54 | $15.82 | $15.26 | $19.08M | 1.228M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 286 | $15.36 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.39 | 1860 | 4 |
View Market Depth
| Last trade - 16.10pm 21/05/2024 (20 minute delay) ? |
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Last
$15.36 |
Change
0.020 ( 0.07 %) |
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| Open | High | Low | Volume | ||
| $15.52 | $15.81 | $15.27 | 132462 | ||
| Last updated 15.59pm 21/05/2024 ? | |||||
| TLX (ASX) Chart |