Ann: Managing Director's address to Shareholders, page-2

Our advantages:
• Listing on the NSX is faster, cheaper and easier than an ASX listing
• The NSX only requires a minimum of 50 eligible shareholders, compared to 300 eligible shareholders on ASX
• Lower fees - Companies typically save ~30% upon IPO and ~35% over the first 5 years
• NSX provides a balanced regulatory approach with rules that are designed to meet the needs of growing companies balanced with investor protection (ASIC and Corporations Act still apply)
• Rather than prescriptive criteria (for example minimum size), companies simply need to demonstrate their readiness and suitability for listing on a public stock exchange

Wow, wonder why more companies aren’t listing. Seems like a great trade off for no volume of trading