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What would be the point in a dual-listing? How does one actually work?
by dom96 3y ago
What would be the point in a dual-listing? How does one actually work?
- jamesblonde 3y agoIt would mean you can buy and sell ARM shares on more one stock exchange. One basic rule for making money as a country is to ensure capital flows through your country (e.g., services, manufactured goods, FDI, etc). Then skim off some of the captial that flows. If ARM were listed in the UK and say, $30b of shares is traded anually, of which say $10b is in the UK, then some of that will go to UK ltd.
- pc86 3y agoWhat incentive would ARM have to do that, though? Just so the UK can "skim off some of the capital" (which is a very generous way of describing what's actually occurring).
- pm90 3y agoAccess to more investors. Probably they could tap into some kind of nationalist sentiment since they are HQd in the UK.
- MichaelZuo 3y agoAre there more than 0 serious investors in the UK that can't access the US capital markets?
- globular-toast 3y agoThey're a UK company based in the UK. It's preferable that any skimmings stay within your own country isn't it? But obviously the top people would decide on whatever would personally benefit them the most.