General Discussion, page-1677

Six months ago today we voted for the ASX listed Allchem to be taken over by a struggling US company called Livent. Part of the rationale for the move that was accepted by the majority of Allkem shareholders who voted was that trading on the New York Stock Exchange - the deepest and broadest stock market in the world - would mean that the comparative advantages and value of the combined company would be better recognised.

So how is that working for us?

Well, we are getting dakked by our lithium peers that primarily trade on the ASX, including by one outfit that is not even in production yet and another that got face-slammed by nickel as well as lithium. And that's a key learning from this episode: one of the reasons why monster miners like BHP and Rio Tinto primarily trade on the ASX is because Australian investors "get" the resource sector better than the yanks do.