Frank77,
Very good point about the poor performance and attitude on ASX to african explorers.
I note that RLT (Nasdaq) and KKO (London) are in a similar bind and they are actively seeking listing on overseas markets.
Maybe IVZ should bite the bullet and follow suit.
As PO townshend put it very succinctly over at KKO;
"The UK listing is new. It makes a lot of sense. Australians don't know how to price Africa Risk properly. There is no shortage of resource & energy plays right here in Australia. Many here see "Africa" and say nope for me. The UK has limited local options. Also, because of the long history of UK investment in South Africa in metals, and don't forget the 2 hour time difference between London and Joburg, so personal relationships can flourish in the broking and banking space. The LSE participants know how to properly price Africa Risk".
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Open | High | Low | Value | Volume |
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4 | 60956 | 0.053 |
6 | 322387 | 0.052 |
Price($) | Vol. | No. |
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