the valuation is an estimate and not a definitive price set by the company as they continue to negotiate with the SPAC. I spoke with Andrew keys briefly yesterday, and my understanding is that CBR have answered all questions to the ASX standard, except for listing the SPACS name.
It will be interesting to see how the AGM goes, I do believe we will float anywhere between 40c to the valuation of $1.40 depending on the macro environment and many other factors at that time. Good to see that the SPAC has been in Australia and has commenced thorough due diligence to date, end of November can’t come quick enough.
- Forums
- ASX - By Stock
- CBR
- Ann: Continuation of Suspension from Quotation
Ann: Continuation of Suspension from Quotation, page-6
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)