Post by
IntrinsicValue1 on Feb 22, 2024 10:14am
Aritzia needs to & will launch dual USA listing soon imo
Look at press release and reaction to INDV today regarding results and a potential primary big board USA listing. With Aritzia now generating over 50% of revenue and profits from tge USA, they will do it for many of the same reasons as well as to assist acquireing and retaining top talent. Their USA business is growing by leaps and bounds and the importance and benefits of a USA listing grow every singke day!
"The U.K.-listed pharmaceutical company said Thursday that it has started talks with shareholders about moving to a primary listing in the U.S. this summer while maintaining a secondary listing in the U.K.
Indivior said this change would reflect current and future growth opportunities for its proprietary products, which are U.S.-centered.
It added that such a move would attract more U.S. investors and analysts, and reflect the growing proportion of U.S. shareholders which at present own nearly 50% of its shares.
"If the consultations indicate a strong level of support from shareholders, the group intends to put forward a formal resolution that would facilitate a primary U.S. listing in the Summer of 2024," the company said."
Comment by
Mikerich on Feb 22, 2024 11:15am
Buying with every $1 drop as Q4 earnings release will push it to $43.....GLTA