Reply To: What caught your eye on the news today!

#220678
Daf

    @kezo said

    “You haven’t a diddly squat what I know about ARM, although it certainly looks more than you do!”

    Like you I didn’t know a lot about ARM and like you I have merely regurgitated information from experts. Unlike you I quoted from the likes of the BBC, CNN, CNBC, Schroders, Bloomberg etc to illustrate it was a straight choice between Nasdaq and LSE with one beating the other. London lost the chance to sign ARM Nasdaq won, even though the UK prime Minister lobbied Softbank to convince them to choose London.

    “How can we have lost something we never had?”

    You’ve already admitted that prior to 2016 ARM was registered at the LSE so how can you say we never had it? The big difference with ARM’s previous “dual” listing is that London was the Primary listing and Nasdaq the secondary. The Nasdaq is now the primary and more important listing which is why it’s being reported as a loss for London. If you dont believe me look it up for yourself.