GTB Listing on the LSE

Curious · #1 (**permalink**) 3rd July 2007, 10:05 AM

Does anyone have any view on this?

oseitutu · #2 (**permalink**) 6th July 2007, 06:27 PM

We will always have a view. Why dont you formulate an opinion poll. I do not know whether they have been listed or not. If you have the information, please include the link. Being listed in the LSE is a double edged sword. While the price there will impact on the price at home, the price at home will have tremendous effect on the price in London. If transaction fees and stockbroker reliability is better in London, many diasporians may decide to buy in LSE. If however, the "WEST" loses faith in Nigeria again, the stocks will be dumped in less than an hour. I also know that free fall is possible in LSE so GTB loses the protection of NSE with the "not more than 5% drop/rise in a day" rule. I will watch the space seriously.

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