Were those examples shell plays, or new listings?
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So let's look at VML's position relative to ASX listing requirements...
http://www.asx.com.au/listings/listi...quirements.htm
It needs 400 shareholders holding $2000 each and an MCap above $10m.
VML will also set an IPO target range - any guesses on what that will be? My guess is $10m, a small drop in the ASX bucket.
ASX prospectus can't be too far off now.
EBO has the odd small trade every now and again on the ASX
Maybe punters (real punters) like playing around with small stocks where a buck buys more. Would hardly call them investors .....just punters at the casino that can churn a small number of share many times a day
Indeed, 69, but ASX seems to cherish newish stocks with prospects for big growth (particularly international growth).
Sure it's speccy and risky (or even a punt) but if the VML ASX listing goes ahead successfully then that could successfully change my perspective on VML.
Just saying.
You be right Robbo
Punters love these types of stocks.
As long as VML beat SNK it be better, no being tarred with a failure of a nz company
Microsoft Azure Mobile Engagement services, of which VMOB has just been announced as an add-on, works as this short 2 minute video explains: https://azure.microsoft.com/en-us/do...ment-overview/
I'm no expert on MAZUMEN (I invented this) but it seems to me that the scalability of VML just stepped out of only chasing large players into now being an easy "strap on" to MAZUMEN for smaller/medium customers.
Is VML now an accessible strap on to a larger and more diverse pool of customers?
Someone is buying in at 40c and the sellor's have backed way off the offer... hold onto your hats the pump is coming