Standard 4 Nasdaq - 160 million US required.
A quick Maths discussion
So 160 million USD equals 252,000,000 AUD
Assuming 100 percent of this capital raising is filled ( i am assuming that those who dont take it up will be filled by corporate others)
the total number of shares now are 3,498,255,425.
divide this by the required 235200000 for listing and that equates to a share price of .06723 cents per share. (BLM approval will easily surpass this )
So if the share price is over .06723 cents per share (AZL Market cap or 235 mil aud).
Therefore : Under standard 4 we could apply for listing on the Nasdaq.
Now i am not sure that this is how Standard 4 works , i am just spit balling on this discussion.
DYOR
Ann: Investor Presentation, page-26
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