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Ann: Business Update - Launch of debt management APP in Australia, page-43

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259 Posts.

65

22/10/21

15:56

Post #: 57005609
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Originally posted by Oscar09: ↑

It was not a failed CR , it was aborted because CI1 would not give Clee a board seat.

I am guessing that same party will try to gain a big foothold via a CR.

That is the only reason that a big player holds this down, to get access to a big lick of stock at 1.4c

Then ride it up as it grows and push for a board position etc as a major holder.

This is my only way to understand this stock.
Some of these players, play the long game.

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Yep the Clee group showed their true colours at the last minute. As Buffett says “You can’t do a good deal with a bad person.” Jimmie made the right move to prioritise his control over the company about all else.

CI1 Price at posting: 1.6¢ Sentiment: Buy Disclosure: Held
6 Upvote

0 Great analysis

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