OCV octaviar limited

PIF Listing on NSX more info please Fred Woollard

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    AdmissionThe table below compares the key listing criteria between ASX and the NSX
    1 Admission Criteria ASX NSX
    2 Number of shareholders
    Minimum 500 investors @ $2,000​

    Or​

    Minimum 400 investors @ $2,000 and 25% held by unrelated parties​

    Minimum 50 investors @ $2,000​

    And​

    25% held by unrelated parties ​

    3 Company Size - Profit test
    $1 million net profit over past 3 years +​

    And​

    $400,000 net profit over last 12 months​

    2 year adequate track record
    Or
    Issue underwritten by an underwriter
    4 Company Size - Asset test
    $2 million Net Tangible Assets​

    Or​

    $10 million market capitalisation​

    $500,0000 minimum market capitalisation​

    5 Minimum market price

    $0.20c​

    No minimum listing price​

    I don't think the PIF qualify Fred?
 
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