Following the recent conversation regarding a rumoured NYSE listing, it was posted that this information was on publically availabe avenues. I have done an exhaustive search using quite a few search engines but I could not find anything regarding any proposed NYSE listing.
However, should one happen there would be a few problems.
1. Further dilution, the stock for an issue would have to come from somewhere
2. There already is an oil/gas producer called range resources listed on NYSE. Who would change names and how much confusion would this cause.
Regardless, there is no mention on any ASX ann regarding a NYSE listing which would suggest to me that it is rumour or should it be fact, then we dont have a level palying field.
Add to My Watchlist
What is My Watchlist?