"On another note, Strindberg, what would it mean to have SIAF cross listed in Sweden? If I understood the gist of that brief Jordan Fund comment, it sounded as though Sweden has a rule which states if Swedes own 30% or more of a given stock's available common shares it entitles it to be listed on the Swedish exchange. Can you explain how SIAF's dual-listing would be beneficial? I'd appreciate it. Also, would that mean one could buy SIAF shares at different prices?"
No, there isn´t any rule. But we've all seen what has happened to the share price since the Swedes began to buy shares. Swedes can´t demand a dual listing but because Swedes owns many shares it is quite likely that the company will arrange a listing in Sweden.
It would also benefit Americans. The company would certainly be greatly appreciated on the Swedish stock exchange and the valuation of the company would surely rise. It is also harder to short shares in Sweden. If the share price rises in Sweden it is likely that it does in the U.S. also. If there is a difference between the stock price makes it possible to make arbitrage.
I´m sure that it would be very positive for us all if we get a dual listing.
By the way, the swedish stock exchange is owned by NASDAQ.
