WFE 0.00% 2.4¢ winmar resources limited

Ann: Winmar to seek Dual Listing on London Stock Exchange, page-79

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  1. 3 Posts.
    Hm - increases the possibility that ASX is still unhappy - which is bad.
    increases the regulatory burden and costs.
    reduces management attention from asx relisting.

    The positives are the possibility of future cap raising being slightly easier - but, given they had no troubles at all with the last raising, I don’t see this step as being necessary yet —- I get one wants systems in place before they are necessary, but I can’t understand how detracting management attention is worth it at this moment in time.

    i would rather this was not the path taken by management, and therefore view this announcement as a negative.
 
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