I'm trying to copy and paste a link to the 'paydirt' article posted on the MTR board, but i'm having troubles with my phone.
I'll try pasting again but I have the below queation after reading the article...
Can anyone help me clear up the specifics of the London listing?
My only previous experience holding a company into dual listing was TMT listing on Frankfurt exchange.
It didn't involve any dilution event with more shares available and simply worked like ASX and Frankfurt markets traded from the same share pool.
I assume the latter part is correct in our case, but the article indicates the London listing being a source of further capital to step up exploration and possibly assist with T3 funding.
Does this mean MOD would issue addition shares at the initial listing, i.e. dilution?
Or could it simply mean that having our existing share pool accessible by a new market could equal higher SP,,,, and also in the event down the line of a cap raise,,, offering this in London as well makes funding a lot easier?
Juat getting my head around the short term impact of the listing?