Really? What are the advantages to the share price to keep them in an ActM-only exchange?
I never said there were any.
I would MUCH rather have the shares available in an open exchange where anyone can easily buy and sell positions, not a private exchange where only hardcore ActiveMining enthusiasts are trading amongst themselves.
The "ActiveExchange" would be a public exchange just like Bitfunder et al, but there won't be market trading until colored coins. Good luck easily buying and selling positions on Havelock with its very low liquidity.