No news. I expect they are still waiting on approval for the new listing with the asx. On the CEO quarterly call in Dec, he said that they were targeting end of Feb or early March for the listing. I expect that as soon as it is approved, they will release an update with details and the timetable for the demerger. Until then, all we can do is wait. If that target is realistic, it shouldn't be too long as I would expect they would need to have the prospectus out in early Feb to enable applications and allocations to be completed by the end of Feb and prior to that you would expect a cum-entitlement period.
Demerger, page-3
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