Pom down under
Top 20
Guess I’m going to speak too soon and it’s a nice surprise to see the buy side a lot higher than the sell

Morning Pom,Here’s to a better week as I don’t it could have gotten any worse really especially if you only taken notice of the SP
View attachment 78496
'7 months later, have the company done enough to justify raising at a higher SP?"Morning Pom,
The focus for many has been on the possible move from the ASX to a US exchange and this on top of the LDA call has caused an additional drop in the SP. I'm thinking that the market is looking back to the CR last July/August where the BoD sold off a 5% chunk of the company at 19.3 cents.
7 months later, have the company done enough to justify raising at a higher SP?
Might get a bit worse before it gets better.
G'day DB,'7 months later, have the company done enough to justify raising at a higher SP?"
I think there have been plenty of Great Developments since then FJ..
If I was FactFinder, I'd list them all off for you!
But they really need to pull some big fluffy rabbits out of the hat this time, or this LDA thing is going to "punish" the share price.
View attachment 78499
I'm still going with my "Queen sacrifice" strategy and am expecting some Big Announcements, forthcoming.
LDA were ditched and the program bought out of, because it was no longer "working" (and I was happy to see them go, because of that).
For them, to get them back on board..
I'd like to think, it was because they had a "Game Plan".
Yes I am.... still no trades for BRN showing on the NAB platformAnyone else having issues with Nabtrade this morning?
Thanks Fenris. Whilst it's still crap at least some relief that it's not just me being hacked or something.Yes I am.... still no trades for BRN showing on the NAB platform
At least the stock price is not going down on NAB customers ..Thanks Fenris. Whilst it's still crap at least some relief that it's not just me being hacked or something.
I know they were doing an update over the weekend so probably just some glitching happening.
price back downNabtrade back up.![]()
I doubt each one of the founding members is still holding.Anyone involved in the setting up of this forum is still holding. In fact I recently increased my holdings and I know of another who did so as recently as today. We just choose to not engage with Donkeys like you.
If you bought shares in a (any)company based on the anonymous opinions of a random stranger online then I have a bridge to sell you.
Have a nice night!
Below are the successful companies that transferred or shifted their primary listing from the Australian Securities Exchange (ASX) to a United States stock exchange (Nasdaq or NYSE), along with how they benefited from the move.
1. Atlassian Corporation
- Original Listing: ASX (ticker: ATM, limited early listing in 2005).
- U.S. Listing: Nasdaq (ticker: TEAM, primary listing since December 2015).
- Details of Move: Atlassian, a Sydney-based software company, conducted a small IPO on the ASX in 2005 but later pursued a full Nasdaq listing in 2015, effectively shifting its primary market to the U.S. It redomiciled to the U.K. for tax purposes but chose Nasdaq over maintaining an active ASX primary listing.
- Benefits:
- Access to Capital: The Nasdaq IPO raised $462 million at $21 per share, valuing the company at $4.4 billion—far exceeding what the ASX could likely support for a tech firm at that stage. By 2025, its market cap exceeds $40 billion, reflecting massive growth fueled by U.S. investment.
- Investor Base: Listing on Nasdaq exposed Atlassian to U.S. institutional investors and tech-focused funds (e.g., Vanguard, BlackRock), which dominate the software sector and prefer U.S.-listed stocks.
- Global Visibility: Nasdaq’s prominence in tech elevated Atlassian’s profile alongside giants like Microsoft and Adobe, aiding talent acquisition and partnerships (e.g., its Slack integration).
- Valuation Boost: U.S. markets often assign higher multiples to SaaS companies (Atlassian’s core products include Jira and Confluence), driving its stock price from $21 at IPO to over $170 by late 2021, with sustained growth since.
- Outcome: The move transformed Atlassian from an Australian mid-tier player into a global tech leader, leveraging U.S. capital and prestige unavailable on the ASX alone.
- View attachment 78350
2. News Corporation (News Corp)
- Original Listing: ASX (ticker: NWS, primary listing until 2004).
- U.S. Listing: NYSE (ticker: NWS/NWSA, primary listing since November 2004).
- Details of Move: Founded by Rupert Murdoch in Australia, News Corp reincorporated in Delaware, USA, in 2004 and shifted its primary listing to the NYSE. The ASX retained a secondary listing via CDIs, but the U.S. became the dominant market. This preceded its 2013 split into News Corp and 21st Century Fox (later acquired by Disney).
- Benefits:
- Market Scale: The NYSE offered access to the world’s largest equity market, enabling News Corp to raise billions for acquisitions (e.g., Dow Jones in 2007 for $5.6 billion), dwarfing ASX fundraising capacity.
- U.S. Investor Appeal: The move attracted American institutional investors, crucial for a media conglomerate with growing U.S. assets (e.g., Fox, Wall Street Journal), increasing liquidity and share demand.
- Strategic Alignment: Relocating to the U.S. aligned News Corp with its operational center—by 2004, most revenue came from North America—enhancing credibility with U.S. regulators, partners, and advertisers.
- Valuation and Growth: Post-move, News Corp’s market cap soared, peaking above $60 billion pre-2008, and even after the 2013 split, the NYSE-listed entity maintained a multibillion-dollar valuation (e.g., ~$15 billion by 2025).
- Outcome: The NYSE listing fueled News Corp’s evolution into a global media titan, leveraging U.S. capital and proximity to its largest market, far beyond what an ASX-only presence could sustain.
- View attachment 78348
wooow I never thought I’d live to see the day that you shorters call yourselves donkeys. That’s a bullish omen! Hallelujah, praise the Lord! I can already see the dollar!I doubt each one of the founding members is still holding.
Since you directly attacked me, care to explain to us Donkeys how do you know that?
Have a great day!
Any criticism of the company is immediately labelled as a shorters post!wooow I never thought I’d live to see the day that you shorters call yourselves donkeys. That’s a bullish omen! Hallelujah, praise the Lord! I can already see the dollar!
Yes it was showing our share price at 0.205Anyone else having issues with Nabtrade this morning?
Even the staunchest cult-affiliate would be starting to worry now...Any criticism of the company is immediately labelled as a shorters post!
Wow, very original. Cult 101.