Bit of a glass half full or a glass half empty scenario, we can...

Bit of a glass half full or a glass half empty scenario, we can all have our own interpretation!

To list on the NSX will WFE need to do a Prospectus and IPO (as per the last sentence in the paragraph) ?
The prospectus no doubt would be nearing completion considering we are going to list on the LSE and it is needed to re-list on the ASX?
If an IPO is a requirement, will that mean there will be a consolidation of the current share structure?


WFE could possibly go the "Fast Track" route, but there may be a stumbling block to that process as well as stumbling blocks for the normal route to list.
re: the application fee will be at the full application price because WFE are in suspension, hence with SOI currently it will be in the vicinity of $156,000 but this is based on a share price of $0.10 (NSX minimum price) Does WFE have the funds to be able to submit an application to the NSX?
re: there is two methods of listing 1) "compliance listing (to which being in suspension WFE doesn't qualify 2) Prospectus and Capital Raising, so it isn't just a matter of transferring shares across as there will need to be more shares issued.
re: WFE cannot show the NSX that they will be able to comply with the listing rules when they fail to comply with the ASX's listing rules (missing quarterly)
re: Is there any conflict between WFE's Constitution versus NSX listing rules and guidelines?

@cfp maybe when/if WFE become a producer the NSX may open their arms but until then I doubt it, and in response to your statement "perhaps if you were to read it you will find we more than meet the requirements, even in suspension" just the couple of samples above suggest they may struggle don't you think, and maybe you should actually heed your own advise and read it?
@insaf maybe if Brewer stopped offering "unicorn" statements on the bird re: post 38638162 whereas on the 10th MAY he offered that there will be an update early next week, (or if it was anytime that next week) it would of been between the 13th - 17th May, maybe he is busy trying to get the quarterly finished and announced?
@mattyedw I tend to agree re: if WFE cannot re-list on the ASX for whatever reason, then I would think that any other exchange would....

As for if and when WFE is dual listed on the LSE, shareholders are aware that your ASX shares don't trade on that exchange right versus "cross listing" where share can be traded across both platforms?
If WFE leave the ASX and solely list on the LSE, what happens or more to the point how are our shares migrated to the LSE, and to trade these shares you need to have international trading capabilities from your trading platform.

All IMO of course
Liam