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18/02/21
21:26
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Originally posted by Slider19200000
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Any comments on continuing lack of liquidity relative to the Nasdaq? I did share my comments with JG and pleasantly I was surprised that I received a response. glad to see he takes the time to respond to shareholders and I really appreciated this gesture. I did suggest if there was any thought to just go with one listing on the Nasdaq and it would streamline and save admin costs. It appeared he wasn’t surprised by the comment and it appears like the topic has come up at board meetings and likely to continue to come up per his comments. Right now anyway, I think the lack of liquidity on the ASX is holding the price back as anytime the price moves on the Nasdaq, the lack of liquidity to support that momentum in the US just results in fallback a day or two later. On a comparative with most of the stock on the ASX the volume is very low to the Nasdaq.
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I have some shares allocated to me in the US, they came from Novogen and were for MEIP, it is a pain in the butt dealing with the US, it isn't really easy, just ask Sienna, although he did manage to sell them in the end?