Hi Folks,A note on DFS timings:2nd June webinar: JP said “days...

Hi Folks,

A note on DFS timings:

2nd June webinar: JP said “days not weeks” about DFS 1. You could reasonably argue that anything before 16th June (two weeks later) is “days” (i.e. not “weeks” plural)

So, let’s assume that it was submitted to ASX late in that “days” window. That would put submission at 14/15 June. ASX needs to then review the DFS. That process, I believe, can take up to around two weeks. Rumour has it they are getting more strict on DFS submissions of late.

Assuming all goes well with the review, it would not be released to market until end of June.

The ASX review is an important piece of detail here that JP missed on the webinar. Better comms from JP on this point would have helped manage expectations.

I’ll be sitting tight on querying the DFS timing until the end of the month. Hopefully JP will clarify timings himself in his Vegas presentation this week.

An interesting few weeks ahead for sure.

All IMO, GLTAH