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In my experience far more companies fall into Category Two. Why...

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    In my experience far more companies fall into Category Two. Why would a mature, profitable company go through the effort and expense of listing publically if it is already making substantial revenue and is therefore successful? Most of the time the companies that fall into Category One are Government entities going through privatization, such as MPL or CSL which is a completely different story. Listing on the ASX isn't a cheap or easy task by any means and often requires alot more effort on the companies behalf.
 
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