SIM Venture Securities Exchange – Market: Trading

SIM VSE

The Exchange may waive a Listing Rule or part of a Listing Rule. It may do so on the application of an issuer or of its own accord and will publish waivers periodically.

Market Data
Security Code(s) Date Approved Rules Description
TLZ 22-Sep-2011 Chapter: Listing Rules Article: 2.1(b)

The issue price or sale price of all securities the entity seeks quotation for (other than options) must be 20 cents or greater.

The applicant sought a waiver from LR 2.1(b) to allow it to list with a share price less than 20 cents.

Taking into account the circumstances of the applicant and in particular the fact that it had traded at a price lower than 20 cents whilst quoted on ASX, the Committee agreed to the request for relief.

SIM VSE

SIM VSE is an equity capital market that was launched in 2010. Focused solely on cleantech and life science investment opportunities, SIM VSE has no constraints on size of market or size of company to list.

Contact

5 Bridge Street
Sydney NSW 2000
Australia