Bottleshock"Every time NOR submits a 2a they pay a fee. They can...

Bottleshock

"Every time NOR submits a 2a they pay a fee. They can consolidate the issue across more than one parcel if they are organised enough to do it but if they aren't then they pay for every one."

The rules are discretionary. I have been in touch with the Senior Manager, Issuer Services at the ASX who said that when converted options amount to small amounts (in dollar terms) then the fees are waived. They recognise that in many instances the conversion of options is out of the control of the issuing company and so the issue is therefore open to discretion when it comes to charging fees on low conversion levels. The ASX is not about charging for services when it is unreasonable. Whilst they would not comment on NORÖA specifically, a previous poster's comments from management appears to confirm that what you are claiming is incorrect when you say that "rules are rules. This is a non-issue as far as I am concerned. Still, never let reality get in the way of a possible downramp, eh.