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Callimbah Inc. is a successful company that is involved in the education sector. Callimbah Inc. develops and promotes educational programs to schools and parents of school-aged students. Since foundation 15 years ago sales have increased and Callimbah Inc. has become a market leader in their target market. To cater for an overseas expansion, Callimbah Inc. has decided to list on the Australian stock exchange (ASX) in an initial public offering.
Question:
In approximately 400 words discuss why Callimbah Inc. might consider listing on the ASX and explain how such a move will change the regulatory environment for Callimbah Inc. shareholders.
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