Are the ASX's listing rules giving your company trouble? Why not move to another stock exchange. Even better, why not buy your own stock exchange!
Suspended ASX stock and Rear Window favourite iSignthis on Thursday announced it had taken part in a $4.2 million private placement of the National Stock Exchange, giving it 13 per cent of the upstart bourse. And it wants shareholder approval to spend more money taking its ownership up to 19.9 per cent. Which the NSX is pleased about, according to director Tom Price.
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Myriam Robin is a senior writer based in the Melbourne newsroom. She has previously been a Rear Window columnist and editor, and before that reported on financial markets and media. Connect with Myriam on Twitter. Email Myriam at myriam.robin@afr.com
