General Discussion Topics, page-620

Apart from the increased attractiveness Piedmont will have to the broader ' Investment Pool ' as they say in the US verses Australia , they also have access to the lower cost of debt and equity from the US Capital markets.

They also claim that their listing will enable them to attract further interest from their inclusion in the all important S&P Total and Russel 2000 indices.

On top of all that , they also believe the simplified Corporate structure will be easier for future mergers , sales and acquisitions which may increase Piedmonts attractiveness to potential merger partners , and /or sellers or acquirers.

All this can be found in their announcement back on 9th December 2020.

The BIG one for me is the scramble which is obviously taking place by the Australian Investors on account of the CDI's verses the obvious advantages obtained by being a US ADS holder per the below splits:-