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4.2¢ magnis energy technologies ltd

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Matt D

985 Posts.

91

23/04/21

10:29

Post #: 52672802
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Originally posted by vfpa5000000 ↑

US markets trade at a higher valuation because more capital flows, more risk on which is why you see some spec stock moves as crazy as 30x bags in a few days, something unheard of in AU markets.

US listing of MNS would be bid up to at least 2x the AU valuation and therefore automatic catch up by AU to US. Have seen it in multiple cases of dual listings in AU & US companies.

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Good answer....
Would you or anyone else know then if/when we do dual list do current holders get a slice of US shares or would we need to apply.
None of my company's have ever dual listed before so am quite interested to know this.

Last edited by Matt D: 23/04/21

MNS Price at posting: 34.5¢ Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

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