Kate Jefferson


The Australian Securities Exchange (ASX) has amended its Listing Rules to implement changes to its admission requirements which took effect from 19 December 2016. Key changes are: increasing the requirement for profit test entities to have consolidated profits for the 12 months prior to admission from A$400,000 to A$500,000 amending the requirements to satisfy the assets test by increasing: the net tangible assets (NTA) requirement from A$3 million to A$4 million; or the market capitalisation…