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17/04/18
13:53
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Originally posted by mudguts
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Hi, Just a question regarding the mechanics of this.
As no new shares issue, I take it that the ASX listed shares will be bought on market (initially) or a parcel moved for liquidity purposes moved to the new exchange?
I don't know what the demand will be, but once spirited out of the ASX, we will have less paper floating around here with increasing demand..... less shares available on our exchange, can only push the price in one direction.
How you would you bring that scrip back. I would think once gone, not coming back.
All of which I see as positive.
So now traded on German, Nam listings as well as Chi X & ASX.
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That's a good observation - is that how it works?