Mal they obviously will be getting dispensation from a number of the qualifying criteria - as I said Clive Palmer couldnt get a listing for a $2b company and he tried for years - I also will admit to being wrong about getting onto the main board If it happens -- I have no doubt that having the Chinese Government as a top 3 holder certainly didnt hurt their application.
I wonder if there will be a small IPO or the Chinese holders will just switch their holding from Chess to the Hong Kong registry - I wonder also how the Aussie retail punters can take advantage of any arbitrage price opportunities between the 2 exchanges- I imagine taking different tax regimes and costs involved that it wouldnt be viable to trade parcels below $50k
CDU Price at posting:
$1.95 Sentiment: None Disclosure: Not Held