As part of the early stage review process, a preliminary decision is taken as to which stock exchange to list on. But before committing to this, ACH may test market alternative options, e.g. Toronto for a mineral resources company, so as to ensure the most appropriate market fit, the best IPO valuation, the lowest listing risk and good post market acceptance.
The selection of the market, the issue list and who professionals respond to the information memorandum determines who ACH recommends to the team of professionals.
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