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Plant Valuation, page-12

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baculin

665 Posts.

74

17/03/19

10:30

Post #: 37787887
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Originally posted by jdwight: ↑

WFE will probably do an "introduction" listing on the LSE. If that's the case, then no new shares need to be issued. And no new funds need to be raised on the LSE as there is no such requirement. All as per the link below.

https://www.londonstockexchange.com/companies-and-advisors/listing/float/flotation/methods.htm

So no share dilution needed and no underwriting needed. Applies to both the MAIN and the AIM london markets.

Imo I think any price differences between the LSE and ASX will be quickly eaten up by the algos.

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Anyone have any idea when this will be back trading on the ASX ??

WFE Price at posting: 2.4¢ Sentiment: None Disclosure: Not Held
1 Upvote

0 Great analysis

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