ncp in a nutshell I think the major problem is the possibliity...

  1. 132 Posts.
    ncp in a nutshell I think the major problem is the possibliity of being dual listed on the Standard and Poors Global Index which would then count NCP twice otherwise it could be listed on the SP500 and the Australian Indices as far as i know. Due to it's size and by getting onto the global index it causes a problem.

    Possible scenarios-- status quo everything stays the same ..no Us listing

    Result -- Share Price Drops as it has been anticipated Us listing would push price up this price is already factored in a fair bit.

    Or Us Listing goes ahead, time line is set for delisting on ASX, fund managers forced to sell by certain date and regig portfolios.

    Results -- More sellers than buyers price drops opportunities arise in other major ASX stocks as fund managers forced to buy other stocks ..be smart and there is an opportunity there.

    My opinion in a nutshell

    Cheers


 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.