ASX…24 Mar 2025 15:18
To cross-list on the Australian Securities Exchange (ASX), a company must adhere to specific listing requirements, including a minimum issue or sale price of securities set at A$0.20 per share.
This minimum price ensures that the securities meet the ASX’s standards for marketability and investor protection. Additionally, companies must satisfy other criteria such as shareholder spread, financial thresholds, and corporate governance standards. 
It’s important to note that these requirements apply to both domestic listings and foreign entities seeking cross-listing on the ASX. Companies considering cross-listing should thoroughly review the ASX Listing Rules and consult with legal and financial advisors to ensure compliance with all applicable regulations.
AUD $0.20 = £0.097
Is it a coincidence that we’ve crept up to, and now slightly surpassed this manic number 🤷♂️
Given the above, what would be the benefits vs negatives of a consolidation, if indeed GGP even needed to do one now?
As always, apologies if this is a daft question, and thanks in advance to anyone who hasn’t binned me and is good enough to reply…😁