Dual Listing on ASX?Hi Folks,
I have been wondering if HWO would benefit from a dual listing on the ASX (Australia) or move the company entirely to the ASX. It seems that Australian Oil & Gas companies are far more prevalent in PNG and HWO could receive a bit more interest (and share liquidity) from this market.
Management is fairly tied into Australia and I imagine their community profile and industry connections may be better served through at least a dual listing. I think at that point you could see more interest from Australian investors who understand what is going on in PNG and could help narrow the valuation gap. The other item is cost to report to both listings.
Curious to hear the thoughts of others on this.
LR