Alternate Australian Stock Exchanges

[Mofra]

Howdy,

Just wondering if anyone here invests or trades in some of the secondary exchanges in Australia (ie Bendigo Stock Exchange).

Is of, apart from the obvious liquidity concerns, are there any major advantages or disadvantages?

I'm thinking in terms of:
- Liquidity
- Information available
- Average PERs & Dividend yields
- Reporting requirements

Thanks