I disagree. Now that Race Oncology (RAC) has successfully listed, I think the deal-makers behind OOK will be giving this stock priority. I've been accumulating stock in the low 2's.
Good news for OOK IMO:
http://www.copyright link/technolog...es-pushed-back-to-december-19-20160726-gqe8ka
Early stage start-ups hoping to go public on the ASX this year have been granted a reprieve from the tougher listing rules to be implemented later this year, with the exchange delaying the start date of the changes to December 19.
Backdoor List
"Based on the feedback received and subject to the necessary regulatory approvals, ASX intends to defer the start date for the changes until 19 December 2016 (rather than the 1 September 2016 start date proposed in the consultation paper)."
The delayed start date could see more start-ups rushing to backdoor list, as these are the firms most likely to be caught up by the proposed new rules.
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