CDX 4.00% 7.2¢ cardiex limited

Banter and General Comments, page-47

  1. 5,673 Posts.
    lightbulb Created with Sketch. 2896
    I thought so, too, SuperWealthy.

    Especially when you look at the listing requirements:

    https://venturelawcorp.com/listing-requirements-nasdaq/

    There are three different boards to list on.

    - NASDAQ Global Select Market: NASDAQ GSM

    - NASDAQ Global Market: NASDAQ GM

    - NASDAQ Capital Market: NASDAQ CM

    The listing requirements for the NASDAQ CM are the least stringent/onerous. CDX could easily meet them all with the exception of SP which can be as low as US$2.00.

    This could probably be achieved either via a consolidation with an SP in the 20+ cents range, or by a consolidation in combination with issuing American Depository Receipts (ADRs) in a prescribed ratio to create the required listing price.

    Not that I know what I'm talking abouteek.png

    Taken at face value, Craig's comment suggests that not only is he eyeing it up, it's something that is actively being worked on.

    Could be a bigger '22 than we think.
 
watchlist Created with Sketch. Add CDX (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.