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3,928 Posts.
81
05/06/19
14:07
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that's not the case and incorrect Minoli as i spoke to the company.
For any suspended company to relist they must comply with chpts 1 & 2 of the ASX.
They can reprice their next raise and relisting from a price range of 2c - 20c
It will not be relisting at 10c RTO Capital raise (as this assumes a pre money valuation of $2.5m for JVG which is not possible)
My guess would be 2c - 4c range for a RTO Compliance listing if the company can find a suitable opportunity and raise the minimum $4m NTA needed.
There is no CPS load up at 80% discount. In-fact there maybe no discount at all.
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