Thanks for sharing. The conditions for this company to have an accelerated growth are perfect. I trust Mr. Shenher is taking advantage of them and working hard to succeed. I also believe the dual listing will bring more investors to CPOW, along with the jump-start of IBA to action on cue, while simultaneously the first JV with China kicks off in August.
[i]"A dual listing of a company is a way for a company to have two equal listings (neither being a secondary listing) in different markets.
The usual way in which this is done is by creating an ownership structure of two holding companies, each of which is listed in a different market. These then own 50% each of the group of companies that is the actual business.
The commonest reason for a dual listing is a need to list in two different countries. This may happen because of:
1.a merger of companies listed in different countries, or , 2.a new listing to gain access to capital from a larger market
The second are typically companies that are already listed in their home country which, as they get bigger, find it useful to have access to the the larger amounts of money they can raise in larger markets. In the interests of their existing (home country) shareholders they need to retain their original listing." _______________________________________________________________________________________________________________________________
"When a company's securities are listed on more than one exchange for the purpose of adding liquidity to the shares and allowing investors greater choice in where they can trade their shares.
Dual listing is not a widely used technique, although it is thought to improve the spread between the bid and ask prices, which helps investors obtain a better price for their securities. Hewlett-Packard (HP), for example, is listed on both the NYSE and Nasdaq"
"Dual listing investment definition Listing the stock of a company on more than one exchange. Stocks may be listed on one of the major stock exchanges, such as the New York Stock Exchange, American Stock Exchange, or the NASDAQ stock market, along with one of the regional stock exchanges, such as the Pacific Stock Exchange. Companies may also list their stock on foreign exchanges as well as domestic exchanges.
The listing of a security on more than one exchange. Many stocks are traded on the New York or the American stock exchanges and on one or more of the regional exchanges. For example, the common stock of General Motors is listed on the New York Stock Exchange, but it also enjoys a large amount of activity on regional exchanges. Although dual listing theoretically should improve the liquidity of a stock thereby benefiting investors, most dual listed securities trade chiefly on one exchange."
Dual listing Listing of a security on more than one exchange, thus increasing the competition for bid and offer prices, the liquidity of the securities, and the length of time the stock can be traded daily (if listed on both the east and west coasts.) See: Listed security.
Dual Listing The practice of listing the same security on two or more stock exchanges. Dual listing is thought to increase liquidity and improve the bid-ask spread for stocks by providing more competition. It can also allow a stock to continue trade after one exchange has closed for the day, but another remains open.