secondary listing nasdaq, page-5

Doesn't mean that it will trade at the same price as the ASX. I emailed KSX a while ago to ask if they were going to have a level one or level two listing. It took a long time to get a reply, but they told me it would most likely be level one. From what I understand, a level one listing is penny stock domain and is considered high risk. Also, I believe that Aust stocks on a level one listing don't need to trade at ASX equivalent prices.

Perhaps someone can shine a bit more light on this???

Cheers,

TM.