Good morning Nordic . Would that not be a good thing . The present Australian investors can sell at the increased price when listed in HK and make some money . Dragon has always been undervalued on the ASX so the HK exchange provides a good platform for differentiation .
Its would be good for any existing Australian Share holders who wish to sell after the listing , good for Dragon as it will receive some more funds for further development and should be good for the environment as some of that money will no doubt go to the environmental works required by the new permits . Local people will have jobs , remember for every direct employ a mine typically creates 3 to 5 related jobs in a community .
Local municipalities will also have additional tax revenue to help provide services every one benefits .
DRA Price at posting:
18.5¢ Sentiment: None Disclosure: Held
