Most likely a scrip for scrip acquisition of the Australian Ltd company by a new UK PLC that gets listed on the LSE. Then we trade our shares on the LSE.
Not a big issue in my view.
Just in case you're wondering, if it's done right all us Aussie shareholders won't have a taxing point on such a transaction and any foreign shareholders don't pay tax in Aus on a disposal of Aus shares anyway
Ann: Winmar to seek Dual Listing on London Stock Exchange, page-63
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