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Biotech / Medical : 2023 Biotech Charity Contest -- Ignore unavailable to you. Want to Upgrade?


To: Aloner who wrote (182)11/6/2023 3:55:55 PM
From: technetium  Read Replies (1) | Respond to of 233
 
Emphasis on “long read.”

“Costs: The continued listing of Kazia on ASX requires it to incur considerable corporate and administrative costs, including listing fees. Kazia is seeking to minimise its expenditure and would cease incurring such additional costs if it is removed from the Official List.

The Company considers the financial, administrative and compliance obligations and costs associated with managing an ASX listing and a NASDAQ listing,

including the higher level of regulatory compliance costs associated with a dual listing,

noting that there are a number of material differences between the NASDAQ listing rules and the ASX listing rules, unjustifiable and not in the best interests of the Company’s securityholders.”

Who has the higher level of scrutiny, the NASDAQ or ASX? Which security marketplace is more actively traded?

Yes, based on zero knowledge, I can see why they might want to cut costs.

Give me more time to come up with an uninformed option on the reset of it. ;-)