Yes, @hilldweller, that is an interesting take on the 2nd option...

Yes, @hilldweller, that is an interesting take on the 2nd option with a purchase. I do think, however, that by the time ISXFEU lists, like any new listing, brokers will have an idea of what share price the company should list.

Also, there is a consideration is timing - In the northern hemisphere it is "sell in May and go away". Then there is the pre-October fear. I vote for November to December, provided the economy hasn't tanked.

That being said, I know that the directors of ISX will do the right thing.