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
My take is:1. TLX gets played on the ASX - just look at the bot...
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Last
$16.61 |
Change
0.150(0.91%) |
Mkt cap ! $5.549B | |||
| Open | High | Low | Value | Volume |
| $16.50 | $16.86 | $16.02 | $30.84M | 1.870M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3364 | $16.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.63 | 2703 | 2 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
$16.64 |
Change
0.150 ( 0.47 %) |
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| Open | High | Low | Volume | ||
| $16.49 | $16.86 | $16.02 | 314899 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| TLX (ASX) Chart |