Why was W2V listed at 20 cents?Here's one reason, it's part of...

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    Why was W2V listed at 20 cents?

    Here's one reason, it's part of ASX listing rule 2.1

    ASX Listing Rules Chapter 2 - Quotation

    https://hotcopper.com.au/data/attachments/4803/4803207-492d0887d92a880de198a87a9bb1bbbc.jpg

    W2V had to list at a minimum of 20 cents to IPO on the ASX. Plus, it raised the maximum amount of cash to prevent further dilution to pre-IPO shareholders.

    So we can put all your arguments to rest now.


 
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