Because public exchanges are majorily for raising capital and cost millions of dollars in fees to the exchange (asx) to be listed for that privilege.
If supported by motives billions if splitit keep growing do you think it needs to pay millions of $$$ in ongoing exchange fees to raise capital from sulky retail investors?
Also company tax savings. If motive are willing to give $50mil and have shares in the company they would like it to be in the best tax situation to make the company sucessful...which means its a waste of money being attached to Australia.
SPT Price at posting:
4.5¢ Sentiment: Buy Disclosure: Held
