In the Lympo video on the previous page, that describes the 'history' of AB1, no reference whatever was made to their former history as an ASX listed company. (Now delisted). I am not saying their current operations are not healthy, in fact astounding.
But there is no acknowledgement that they in part got there on the investments / capital provided by the mum & dad investors (as well as all the other insto types) in their prior company manifestation. They currently operate in a de-regulated space as a private company.
They talk about some of their subsidiaries being 'listed' and the market cap value of these subs, but they themselves show / express no interest in listing. They simply could not. And it would constrain them, as they would then be regulated. NSX ? NASDAQ ? How can they offer any subsidiaries 'stock or cash' ?
Clearly the subsidiaries will be taking the cash. Unless there is information held / plans described to the relevant parties. As they are delisted, they are under no obligation to reveal 'price sensitive' info to anyone. There is no price.
Animoca Brands to acquire blockchain fitness company Lympo, page-81
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