This is an excellent stepping stone towards full US listing for several reasons:
* 17x exposure since we go from 3 to 52 states of American retail traders who can get in on the action. Not quite NASDAQ level trade volumes on OTC but we will get a better representation of US market hype which is always at a much better price multiple than ASX alone, especially for growth and emerging companies.
* no share price dilution for this step as no new shares are being issued; freebie price bump for current shareholders from the minor re-rate dragged up by OTC price equilibrium.
* average trade volume increase for of 250% and price raise of 16-244% for EV and Tech sector stocks when upgrading from Pink to Best (6 month moving reference window).
- Forums
- ASX - By Stock
- News: MNS Magnis Energy Technologies Lodged An Application To List On Otcqx® Best Market
This is an excellent stepping stone towards full US listing for...
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MNS (ASX) to my watchlist
|
|||||
Last
4.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $50.37M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
MNS (ASX) Chart |
Day chart unavailable
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online