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clock Created with Sketch. 08/04/24
20:11
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Originally posted by Bollocks2:
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Investors are cautioned that although the application for admission of NewCo to the official list ofASX is intended to occur after the implementation of any demerger, there can be no certainty as tothe timing of when such application will be made or that any such application will be successful. Anyapplication by NewCo to admission of the official list of ASX will be subject to satisfying therequirements of ASX. Investors are further cautioned that due to the early-stage nature of theintended demerger no information about the structure of the demerged entity is as yet concluded or Available. Not feeling it.
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I would be very cautious here. Could be two companies with zero revenue and expensive cost / management structures to maintain.
(20min delay)