IPO - Prospa Group Limited, page-49

Anything expected to list on the ASX is an uncertainty to list. Too much social engineering by proxy advisers and meaningless corporate governance codes not to mention the Royal Commission hampering stocks like Prospa and Latitude.

Why not go for LSE listed Provident Financial Group in an earnings judged market like the LSE compared with Prospa on a social engineering one like the ASX? Prospa might not be presumed to have much chance of success.

SCO and FIG were disasters. Did not augur well for Prospa.

Too much geopolitical risk and social engineering requests from “proxy advisers” for listings on the ASX at the moment IMHO.