Imminent US Listing?, page-3

Another pointer in the September quarterly released yesterday to a USA listing happening sooner than later...

"The Company would like to highlight that there is a difference in market perception between the international capital markets for technology companies and the Australian Securities Market. Whilst the Company is looking to refinance the short term debt facilities, it is looking to a longer-term solution to better systematically match international investor interest in the Company with the capital requirements of the Company. This is expected to more consistently recognise the value of the Company to our shareholders, where we will update the market in due course."

The first announcement along these lines was on September 29th so I read "due course" to mean "pre-Christmas".

If listed in the USA it could be quite possible for MIG to be ascribed a market cap in the range of $US500 million to $US1 billion, or $A2-4 per share.