RE: ASX cross listing19 Mar 2025 15:50
IMHO, it's best to just wait for the presentation that will be made to shareholders prior to any AXS listing, as it will require their approval.
We can go around in circles, as we have already, as to what may, or may not happen. That said, Shaun Day has stated that a share consolidation is likely, maybe 1:10, and that there MAY be a small placing required, but he hopes that that can be avoided. It may be possible that Newmont will be 'allowed' to sell all/part of their 20.4% GGP shareholding in the cross listing, which would negate any further placing, should it be required, anyway.
As always, only time will tell, and I look forward to it too!