Time Table
Posted: Sat Feb 22, 2025 12:03 pm
I do wonder about the Time Table for the ASX listing
So I asked AI
"With the Prospectus issued and approved by the ASX, I think there will be a general meeting of shareholders to approve, how soon after that can the listing take place"
The answer
"Once the prospectus is issued and approved by the ASX, and a general meeting of shareholders is held to approve the listing, the timeline for the actual listing can be quite efficient. Here’s a breakdown of the process:
Shareholder Approval:
After the general meeting, if the shareholders approve the motion, the company can proceed with the next steps.
Final Documentation:
The company must finalize and submit any remaining documentation required by the ASX, which may include compliance with specific conditions set during the approval process.
ASX Review:
The ASX will conduct a final review of the submitted documents. This typically takes about 1 to 2 weeks.
Listing Date Confirmation:
Once the ASX is satisfied with all documentation, they will confirm the listing date.
Expected Timeline:
Generally, if everything is in order, the company could be listed on the ASX within 1 to 3 weeks after the shareholder meeting, assuming no unexpected delays arise.
Trading Commencement:
After the listing is confirmed, trading can commence shortly thereafter, often within a few days.
In summary, if all goes smoothly, you can expect the listing to take place within 1 to 3 weeks after the shareholder meeting."
So I asked AI
"With the Prospectus issued and approved by the ASX, I think there will be a general meeting of shareholders to approve, how soon after that can the listing take place"
The answer
"Once the prospectus is issued and approved by the ASX, and a general meeting of shareholders is held to approve the listing, the timeline for the actual listing can be quite efficient. Here’s a breakdown of the process:
Shareholder Approval:
After the general meeting, if the shareholders approve the motion, the company can proceed with the next steps.
Final Documentation:
The company must finalize and submit any remaining documentation required by the ASX, which may include compliance with specific conditions set during the approval process.
ASX Review:
The ASX will conduct a final review of the submitted documents. This typically takes about 1 to 2 weeks.
Listing Date Confirmation:
Once the ASX is satisfied with all documentation, they will confirm the listing date.
Expected Timeline:
Generally, if everything is in order, the company could be listed on the ASX within 1 to 3 weeks after the shareholder meeting, assuming no unexpected delays arise.
Trading Commencement:
After the listing is confirmed, trading can commence shortly thereafter, often within a few days.
In summary, if all goes smoothly, you can expect the listing to take place within 1 to 3 weeks after the shareholder meeting."