Hey Mr Jaz,
Not sure where the Axe will fall......was more referring to JBL moving to the ASX......which I think they mentioned somewhere along the way......
https://www.nsx.com.au/ftp/news/021734677.PDF
Meanwhile, the Company is pleased to announce the establishment of a new commercial and strategy unit, focusing on capital raisings and investment activities. The Company is preparing for the upcoming IPO of Samuel Axe Enhanced Fund Ltd1 , which is anticipated to be launched within the next month, raising between $15.6 and $50 million.
They may be looking at Axe heading to the ASX IF they can raise the funds with the original raising of $5 mil elevated to the above ask.....
They are already close to the stated time frame for Axe Ipo....? Above was dated 5/2/18.
Agree..... I see no value in listing on NSX , unless you are looking for an easily manipulated vehicle/Share Price.
Whimps, page-25
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