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clock Created with Sketch. 21/01/17
14:04
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Originally posted by Benrich2016
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I was just wondering about this. What is the advantage of a duel listing apart from exposure to more investors and doesn't that mean they are exempt from some asx rules? Just wondering why an american company would list on the asx? Super glad they did but would it have anything to do with the volatility in American politics and our exchange having stability. Also will their profit figures for products multiple countries be converted to US dollars or Australian? I dunno maybe that's obvious to you guys but I'm still learning. If US and Aussie dollar move closer to parity is this a good thing because the company is listed on the asx or does it mean jack.
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Google Gary Greenbaum interview and watch either CNBC or Bloomberg, he explains why. He also mentions that China and Europe are definitely on the cards, which is something some people may have forgotten
