UNS 0.00% 0.5¢ unilife corporation

shares trading on the nasdaq, page-33

  1. 750 Posts.

    Ridiculous post.

    82% of stock is held as CDI's on the ASX.

    If you attempt to force Australian investors to hold
    (nasdaq listed) common stock, there will be an exodus
    from the register and the SP will plummet.

    The ASX listing is NOT holding back the SP, if American
    investors wanted UNS enough they could buy CDI's and
    convert them.

    The truth is that US investors aren't fully convinced
    of the UNS story yet, and are adopting a "wait and see"
    attitude. I'm not sure what they are waiting for, it may
    be more concrete sales and revenue figures, contracts
    with other pharmas, whatever.

    But the dual listing structure is NOT to blame.

    oh yeah, "IMO" lol
 
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