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11:22
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Originally posted by JandJ
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Not sure but ASX would require a certain free float on ASX to create a market. In an ordinary IPO that comes about by creating new shares and offering them to the public (hence, Initial Public Offer, IPO) subject to a prospectus. These new shares are taken up before listing (underwritten by a broker or institution so shares not subscribed for are also included) and thus a market is created.
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Hi Jand J I'm with you - keen to get into KLA at the right price, but no info out there from KLA or ASX. They can't list on smoke and mirrors....oh hang on this is the ASX and is it all smoke and mirrors?
