American Green Inc (ERBB)

[stehisit]

Well, there is about 25% float in QTIG (if that). Lets say 500 basis points of that is European holders. That 5% of QTIG ownership bought and sold in the US prior to the listing. Now they buy and sell in Europe. So now only 20% of the shares outstanding trade in the US. Hence liquidity is reduced in the US.

Or lets do it differently. lets say Europeans account for 25% of the daily trading in the stock prior to the listing. Lets say average trading volume is 100,000. Now the average trading volume in the US would drop to 75,000 as the other 25,000 will trade in Europe.

I don't think it's a big deal, but I do find it strange that it is used as a reason. It just makes me think there is a different reason for the listing in Germany and the company doesn't want to discuss it now. And that can be a GOOD thing.