Axel REE Begins Trading on Frankfurt Stock Exchange as Part of Dual Listing Strategy
MT Newswires Live
Jul 18
Axel REE (ASX:AXL) said that its shares began trading on the Frankfurt Stock Exchange under the ticker code "HN8" as part of a dual listing strategy, according to a Friday Australian bourse filing.
It also said that it plans to pursue a listing on the OTC Markets in the US, to expand its investor base and tap increased liquidity.
Its shares rose 1% in recent trading on Friday.
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