May 12, 2016 BY Maria Nikolova

ASX proposes increasing financial thresholds for listings

ASX has today published a consultation paper on proposed changes to its requirements for admission to the ASX official list. The key proposals include: Increasing the financial thresholds for listing – lifting the “assets test” thresholds from net tangible assets of $3 million or a market capitalisation of $10 million to an NTA of $5…

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