CE1 0.00% 0.9¢ calima energy limited

Ann: Cash Sale of Blackspur Oil Corp for A$83.3M, page-73

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 44 Posts.
    lightbulb Created with Sketch. 53
    "so we sell the assets for $83.3M, we are left with a tax obligation to take net sale price probably just above $80M. So they hit the performance rights hurdle by so much as a bee's d*ck. You can't make this stuff up."


    Patently obvious that this deal was stitched up prior to release of the terms of performance rights vesting in November, the financial equivalent of shooting fish in a barrel.

    Makes it even more disturbing that the identity of the three suitors in Jun23 were a mystery, was Astara one of them?


 
watchlist Created with Sketch. Add CE1 (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.