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Ann: Appendix 4E & Annual Report for the Year Ended 30 June 2021, page-120

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    There is no published work on ASX tech RTOs So you are just engaging is your usual bluff and bluster.

    Nobody on this forum can name even one profitable tech company - out of hundreds - that have reverse listed on the ASX over the past 25 years. So it shows that they are either exceptionally rare or non-existent.

    Gleason (2005) is the only known paper statistically addressing RTO outcomes. These are huge US corporations - not tiny Australian tech companies which are far riskier.

    Backing into being public: an exploratory analysis of reverse takeovers

    https://www.sciencedirect.com/science/article/abs/pii/S092911990400063X#preview-section-cited-by

    Abstract

    We examine 121 reverse takeovers (RT), in which a privately held firm acquires a publicly traded firm to obtain their exchange listing. The public firms, many of which went public during the initial public offering (IPO) bubble, are generally poor performers. Their shareholders receive significant wealth gains upon announcement, suggesting that these events may provide shareholders of distressed firms a way to recover some of their investment. We observe little post-event improvement in operations or profitability, and only 46% of the sample survives two years. Thus, while reverse takeovers provide alternative means of going public,they are risky and may fail to generate long-term wealth.

 
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