Just thinking macro for a moment, I would not be surprised if there is not a slight palse on DUO, CMY, GLN and others for a while (say a month or two) basically waiting for the new PM / govt to possibly give an indication of any new incentives for getting such tech ideas / companies up and running easier.
The extra diversity and future growth is well and truely needed by Aust, but the pace in which such new tech companies are introduced and growing, maybe far too slow.
Anyway, I would not be surprised if the govt introduces incentives. The only downside is the use of shell companies may not be the ASX and govt preferred option. However from my understanding it does make the introduction easier (cheaper and faster) via a shell company, so maybe shell company use will be continued for a few more years.
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