Backdoor listing is a cheaper way to list on the asx. It is totally legal
A basic explanation......Rather than go through the costly process of listing
you basically buy out a failed listed entity....also known as a shell company.
Register a new name......And nature of business.....Or whats known as a reverse takeover.
As i said this is a basic outline.
Would serve you well to google,,,The above for a more detailed explanation.
Good luck with your research and investments.
Cheers enjoy your day.
Backdoor listing is a cheaper way to list on the asx. It is...
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