BLY 0.92% 54.0¢ boart longyear group ltd

What I think is strange is the ASX listing via CDI's without...

  1. 489 Posts.
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    What I think is strange is the ASX listing via CDI's without listing anywhere else, it's atypical, according to the general description of CDI's, being 'a secondary listing on an alternate exchange (foreign)'.

    This is why I think Centerbridge have an eventual plan to take it private, sometime after incorporation in Canada. The ASX CDI's are a vehicle to deal with all us ASX holders, for now.
 
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Currently unlisted public company.

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