No difference at all imo.
The point was the NSX was not well traded and had it not been able to list on the NXS, Jabmail was worthless.
It gave holders an opportunity to choose whether to stay or get out. I chose to stay as at the time the idea seemed great. I obviously chose wrong on this occasion. This was part of the 1st tech wave.
Unfortunately it was probably an underdeveloped idea and couldn't find support.
The lesser compliance and less capital requirements allows companies who can't list on the ASX to at least trade and hopefully grow. Maybe it also allows Angus and the crew to prove to the ASX that Vonex is a legitimate company and those running the show weren't the problem.
AWD was the problem and thankfully i got out before the debacle (only one of a few involving GDN/AWD actually), albeit at quite a loss.
I still have family and a friend holding Vonex so I hope it works out for all holders. I still can't understand why the ASX singled out Vonex for harsh treatment and seems to let other companies list with nothing more than a thought bubble.
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