But who is paying to list on the US market, and where are the shares all coming from.
As you said, if there is a huge % of retail holders on ASX, where is the free float required to allow US to buy shares? This would become a hugely illiquid play, which you generally dont get on a US main market, much more on the OTC type markets in the US.
Again, don't look at it from the point of view of the Alexium. Look at it from the point of view as a broker who assists in placements of companies on main US stock markets.
Why do work if they're getting no pay?
But who is paying to list on the US market, and where are the...
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