Hopefully, less than a year. It's the stepping stone to dual listing that provides the greater potential, imo. Then, another year for spin offs to Hong Kong. Doing the first surely helps make the second credible.
But, however long, IR needs to let us know the steps along the way and tick off the milestones as they happen. First are the independent board members, audit committee, and corporate governance. Believe the new Board members are expected to be formally announced in the next 10 days.
Hoping they will also announce when they plan to file formal application.
Then, of course, we have the thorny issue of minimum pps.
Hoping they will issue a broad ranged 2013 guidance with the release of Q3 results in mid November; something, like:
"We reiterate or 2012 guidance of $145M and now provide our initial 2013 guidance, to be refined as operations materialize. We expect revenue growth of 80% - 110% in 2013, with net margins of 30% - 35%."
