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Juniors could suffer in ASX rule update

A GROUP of 15 broking, law and advisory firms has issued an open letter to the Australian Securities Exchange warning that proposed changes to the listing rules, aimed at making it harder to complete backdoor listings, could make it more difficult for Australia to see another success story like Aurora Oil & Gas.

Juniors could suffer in ASX rule update

After a shaky start Aurora, which backdoored into the listed shell of menswear retailer Tony Barlow, would later go on to be sold to Canada's Baytex Energy for $2.6 billion for its interests in the Eagle...

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