This is how to list on the ASX....no profits required....
Number of shareholders:
Minimum 300 non-affiliated investors @ A$2,000
Profit test:
A$1 million aggregated profit from continuing operations over past 3 years + A$500,000 consolidated profit from continuing operations over the last 12 months
or
Assets test:
A$4 million net tangible assets or A$15 million market capitalisation
https://www.asx.com.au/listings/listing-with-asx/listing-requirements.htm
...just a random question....which has more regulations, casinos, pay day lenders, or asx ?
Holder of shares, got in late, and too late to sell. Look at the business model before the technology.
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