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.
You have allready said for me to stick to what I’m good at. Well you should know I past my city and guilds in electronics at the age of 16 and went on to pass my BSc in electronics. I also served an apprenticeship at Michelin Stoke., which you would of course know! Guess what what my hobby is to. Asides that I heavily invest in chip makers as part of my future pension. So I have a great interest!
Unlike you the biggest part of my information came from monthly tech magazine subscriptions and a lesser part the FT.
Unlike you I know alot more about Nadasq. Nadask composite and Nadasq 100 have a heavy weighting towards tech companies of nearly 95%. London on the other hand is far more diverse. If you were listing for the first time, which would you have chosen?
If you were PM would you have lobbied, hoping they would choose you?
Everything you have quoted has been through the eyes of the co founder who sold the business 8 years ago!
“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.
This confuses me and I don’t know what to think other than youve read something took bits and twisted it to your narrative.
Indeed I said ARM was registered to London and Nadasq. Infact under ARM Holdings as it was known prior to 2016, listed for 18 years and then delisted.
Since SoftBank purchased ARM in 2016 it was put into private ownership untill this year when SoftBank is planning to list ARM for the first time. I previously commented “ARM has never been listed under SoftBanks ownership. Therefore we have lost nothing because we had nothing to loose” You have twisted this for your own narrative!
Even if Brexit had never happened, SoftBank were right to list ARM on Nadansq, due to the type of exchanges they are, in the first instance. They have also said it will list in London in due course. SoftBank are also expanding ARM in the UK. This doesn’t show any brexit concerns. However you can rest assured we gained Shell!