TNG 1.01% 9.8¢ tng limited

Ann: TNG to Consider Dual Listing on London Stock Exchange, page-30

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  1. mm3
    478 Posts.
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    AIM is littered with ASX companies trying to be re-born over there.  Clearly TNG has no traction with Australian institutions or serious HNW investors (Browns excluded) and has to go offshore for equity.

    It's around $1M per year just in running costs - similar to TSX(v) exchange so the $1M that dT7 refers to is ongoing.

    I actually see this as a major negative and just another drain on Shareholder wealth through additional compliance, the engagement of a NOMAD (which is a fee generating exercise for them and not much more), addition time requirements for PB to not be in Australia driving the project forward.

    Like Tigers said - see you all at 5c

 
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Currently unlisted public company.

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