Hey rolfy as you'd be aware ASX backdoor listing changes are coming into affect as of 1st July, I'm sure your abreast with all the workings and goings on surrounding the proposed RTO amendments being the savy know it all that you are. How will this affect TND in your opinion if this deal doesn't transpire ?
ASX discretion to not admit being reinforced. ASX will consider matters such as lack of a business model, sufficiency of operation such as joint venture arrangements with disproportionate rights for the counterparty, issuers from emerging markets (ASX will consider the regulation within the relevant emerging market) and the credibility of board and management. The board should have experience in the relevant industry and the directors be of "good fame and character".
TND Price at posting:
3.4¢ Sentiment: Sell Disclosure: Held
