Betcorp Delists from ASX
As reported by the Australia Age: "Dual-listed internet gaming firm Betcorp
Ltd will quit the Australian Stock Exchange (ASX) and make its primary
listing in the United Kingdom in a bid to stimulate greater interest from
investors. "Betcorp, which listed on the ASX in May 1999, announced on
Wednesday that it would delist from the ASX on October 31, in favour of the
London Stock Exchange's Alternative Investment Market (AIM). "Betcorp was
admitted to the AIM in March this year. ".About 47 per cent of Betcorp's
issued shares are held outside Australia, and the Betcorp board said
shareholders' interests would be better served by focusing on the UK
listing. ".Betcorp shares were 30 cents lower at $3.80 on Wednesday."
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