Listing on Australian Stock Exchange Limited ('ASX') is a
means by which a company can prosper and grow by gaining
access to a large capital market. This currently stands at over
$300 billion for domestic securities listed on ASX. A company
seeking listing will benefit from a higher profile and a greater
spread of shareholders. These result from, among other things,
improved communications with the investment community. ASX recognises that a decision to list is an important step for a
company. Owing to the diverse nature and size of the companies
that consider listing and the various steps involved, it is
recommended that guidance of professional advisers is sought as
early as possible in the listing process. A company seeking listing on ASX must meet the prerequisites
for admission to the Official List which, along with the
continuing obligations that must be complied with following
admission, are contained in the Listing Rules of ASX. Listing on
ASX requires a company to ensure that, among other things, the
market is fully informed at all times so that investors can make
informed investment decisions.