in my view an EU listing is now more likely than UK (which is...

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Phmjm

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21/02/24

12:51

Post #: 72514535
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Originally posted by Green Hornet: ↑

➢ Board has resolved to commence process for admission to list to a UK or EU regulated market.
➢ Preliminary discussions with regulated markets held regarding a direct entry listing.
➢ Clifford Chance and Chrysses Demetriades appointed as legal advisors.
➢ HWLE will continue in background with Australian legal advice for the admission.➢ Work on new prospectus has commenced, which will need to include audited financial results, which are due by May 2024.
➢ The new prospectus will comply with EU Directive and will be suitable for either UK and/or EU regulated market listing.
➢ Cyprus Securities and Exchange Commission and National Competent Authority in listing jurisdiction will require 3-6 months to review a full EU Directive compliant prospectus.
➢ Australian supplemental prospectus will be prepared addressing ASIC requirements (if any beyond EU requirements) for Australian shareholders only.
➢ Hall Chadwick appointed as valuer to meet Australian prospectus requirements.
➢ IR advisors appointed to assist with institutional and retail investors. www.dr-reuter.eu
I will hold JK and the team to this and would expect an announcement re listing before or round end of June as stated
Trolls just stay away this is for serious shareholders to comment on not derogetory comments by those that have no financial interest

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in my view an EU listing is now more likely than UK (which is fine by me).

SP1 Price at posting: $1.07 Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

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