Yes a virtually instant ASX back door listing via a minor listed coy is a heck of a lot more expedient than slogging through the pink sheets and other OTC boards, filing S-1 and paying significant fees.
Joanna also stated that the geography will make access to Asian customers much easier and more efficient due to the compatible time zone of Sydney. They haven't even started in Asia but have reported serious interest from Asian coys, you can choose to believe/disbelieve her however she doesn't strike me as a b..sh..er.
All this was clearly addressed in the initial listing publicity so if anyone doesn't get it, just go back to Day 1 and read.
Agree with you TDA, those escrowed shares belong to investors, did they not approach 1PG for a look-in and were virtually accepted after an audition? Strikes me that they would not want to dump now, but we'll see.
1PG Price at posting:
$4.40 Sentiment: Hold Disclosure: Held
