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.
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.