What part do you think US/Oz exchange rates would play in the event of an IMU NASDAQ listing?
AFAIK after the NASDAQ-required consolidation - which does not affect shareholder value - and from day 1 of a dual-listing (or transfer from ASX to NASDAQ) IMU shares will be worth the same whether bought/held/sold by a US or Oz investor.
Naturally, if an investor trades on their non-native market then an exchange rate cost is incurred, but apart from that, what difference do you see?
