RE: Shareholders' votes4 Jul 2017 12:10
Beton in a few weeks we will no longer have to worry about the extra costs an Asx listing we will simply be an AIm company rto's can happen very quickly compared to Ipos
The advantages of public trading status include the possibility of commanding a higher price for a later offering of the company's securities. Going public through a reverse takeover allows a privately held company to become publicly held at a lesser cost, and with less stock dilution than through an initial public offering (IPO). While the process of going public and raising capital is combined in an IPO, in a reverse takeover, these two functions are separate. A company can go public without raising additional capital. Separating these two functions greatly simplifies the process.