Re US listing Was reading an article in the telegraph yesterday...

Re US listing

Was reading an article in the telegraph yesterday called: Privatisations-Who-do-you-think-you-are-kidding-Mr-Putin.html

In particular I found this paragraph interesting in relation to AJX and US listing:

' The huge price swings in a range of asset classes around the world have made it next to impossible to float companies on stock markets, price debt issuance or complete mergers and acquisitions.
There wasn’t a single initial public offering in the US in the whole of January. The last time that happened was in September 2011 at the height of the European sovereign debt crisis. '

and

' Bankers rely on a busy January to start their years off with a bang. But last month was horrifically bad in virtually every market, product and geography, according to one senior capital markets banker. Why? You need flat - of flatish - markets to get deals away. If prices are plunging, buyers start worrying that they’re going to get stiffed; if they’re soaring, sellers get cold feet. '

and finally just the market in general of interest:

' For years now, global sovereign wealth funds have been using their vast stashes of petrodollars to buy assets – from US bonds to London property – around the world. Sovereign wealth funds owned 9pc of all global equities and bonds in 2015, according to Capital Economics. Now they’ve switched from buying to selling. JP Morgan has predicted that sovereign wealth funds could try to offload up to $80bn (£56bn) of equities this year alone. '