Hey
@adamho
Carna's message suggested time-frames for
launching the exchange:
34158258
"4. The bulk of testing and coding has been completed - it's more now the new or point of difference functionality that will need testing and coding etc. IMO the actual exchange will still be 2-3 months away. Jason thought less than 3 months."
I'm calling October for
Lifting Suspension - based purely on Gut Feel/my own opinion.
My best guess (and
best case scenario) is that - given there is only the log-in page now and everyone that set up pre-reg details are no longer working - this means BPG are currently testing the live workings of the exchange, just you'd need their test accounts/logins to access.
I'd expect:
August - finish off functional testing (I think it's close to complete given it's 'live' / customer facing already .
August/September - Load/Stress Testing and Penetration Testing (ability to handle huge volume of concurrent users and ability to hack/penetrate the exchange with malware etc).
September - Launch, Media/Announcements etc, big promotional campaign etc
September/October - Apply to ASX for Re-compliance with listing rules 11.1.2 and 11.1.3 and hopefully satisfy ASIC requirements to remove suspension.
October - I hope suspension may be lifted at this point, but I believe it'll depend on if BPG have an EGM scheduled (or an AGM which will be due by then) where us Share Holders can vote on these two ASX listing rules. If the vote is scheduled, that may be sufficient for ASX to lift suspension, or they may wait for the vote to be held. Which case it takes about 12 weeks from time of application (I've had this with one of my other stocks).
As I mentioned earlier - this is gut feel and in some ways
best case scenario in my mind. I hope I'm wrong and things are much more progressed than I think.
Cheers
MSN
