reckon so as their recent cap raising investors is based over there and its Somerley's preferred market. Listing in HKG would comfort the Chinese investors and save them the currency hassle. No doubt the stock would benefit from more turn over which as a production entity HKG would provide. Also the way CMC is reporting clearly tells me ASX is not their main focus except to list. \ Your right to question if the initial costs projects is still valid, I suspect they are otherwise CMC couldnt raise money with such premiums, and continuously.
CMC Price at posting:
15.5¢ Sentiment: Hold Disclosure: Held