when is the ipo?, page-3

the money from the HAL raising was intended for listing purposes. Apparently it costs 1 to 2 million to list so I hope they havent spent that on a deposit. Either way they will need to come up with 50 million cash. I suspect a significant portion will come from a bank but there will still need to be some cash raised which would come from the IPO. They may only need to raise 10million to get this over the line. I know its not the best time for an IPO but its not a little mining stock its a defensive rent roll play which hopefully wont follow in the footsteps of RNC and WWM. However there is still no application in for listing on ASX.