AB1 abarta resources limited

Animoca Brands to acquire blockchain fitness company Lympo, page-81

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    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.

    Last edited by DonD1ego: 27/05/21
 
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