OCV octaviar limited

PIF Listing on NSX more info please Fred Woollard, page-2

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seamisty

1,717 Posts.

26/09/16

22:07

Post #: 19433393

Originally posted by seamisty ↑

AdmissionThe table below compares the key listing criteria between ASX and the NSX

1 Admission Criteria ASX NSX

2 Number of shareholders

Minimum 500 investors @ $2,000OrMinimum 400 investors @ $2,000 and 25% held by unrelated parties

Minimum 50 investors @ $2,000And25% held by unrelated parties

3 Company Size - Profit test
$1 million net profit over past 3 years +And$400,000 net profit over last 12 months
2 year adequate track record
Or
Issue underwritten by an underwriter

4 Company Size - Asset test
$2 million Net Tangible AssetsOr$10 million market capitalisation

$500,0000 minimum market capitalisation

5 Minimum market price

$0.20c

No minimum listing price

I don't think the PIF qualify Fred?

Expand

Also Freddy, If our fund is continuing to go backwards under your management shouldn't it be wound up? Insolvement??

OCV Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held

1 Upvote

0 Great analysis

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	AdmissionThe table below compares the key listing criteria between ASX and the NSX
1	Admission Criteria	ASX	NSX
2	Number of shareholders	Minimum 500 investors @ $2,000OrMinimum 400 investors @ $2,000 and 25% held by unrelated parties	Minimum 50 investors @ $2,000And25% held by unrelated parties
3	Company Size - Profit test	$1 million net profit over past 3 years +And$400,000 net profit over last 12 months	2 year adequate track record Or Issue underwritten by an underwriter
4	Company Size - Asset test	$2 million Net Tangible AssetsOr$10 million market capitalisation	$500,0000 minimum market capitalisation
5	Minimum market price	$0.20c	No minimum listing price

PIF Listing on NSX more info please Fred Woollard, page-2

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