AJX 5.00% 1.1¢ alexium international group limited

Reposted with proper editing I just dont see a listing anytime...

  1. 3,312 Posts.
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    Reposted with proper editing

    I just dont see a listing anytime soon.

    At the end of the day, a listing is to raise capital.

    I don't see any major need for capital in the short term.

    Forget everything about US listing without a capital raising.

    No broker will put any effort into assisting/advertising a listing if they weren't going to make a dime from it.

    If the company gets to a market cap of 500-600 million and is showing signs of growth, such that they are making money BUT spending more due to requirements of increased capacity, THEN you'd see a US listing.

    The company has stated differently at times, but they were much more off the cuff comments months back, rather than serious official announcements.

    When it comes to markets, you have to look at who is incentivised to do what. At this stage, no one involved with listing companies on the main US exchanges would have any incentive to list AJX
 
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