A rare ASX artificial intelligence play, page-34

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Fred Flintstone

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16/06/25

23:12

Post #: 79455300
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Originally posted by verce ↑

For the benefit of others who may be wondering who @puravidatc is referring to, one of ICE's biggest backers is a very astute investor and one of Australia's youngest billionaires out of Perth. Laurence Escalante.

Who knows, he might even be reading this thread!

https://lanceeast.com.au/

I think he is also the largest shareholder (even higher than SoftBank, but someone else may need to crunch the numbers there)

Other substantial shareholders include Curtin University, Macnica (big Japanese company) and the CEO Kevin.

I don't think any of these substantial shareholders are in it for a quick buck, but rather long-term wealth.

Keen to hear other's opinions, as always.

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It's good they have a long-term view as it is anticipated to take years to integrate the ICE system into Softbank robotics system and your admiration for billionaires blinds you to the fact they have lunch money invested here. Gina Rinehart, Chris Allison, Andrew Forrest lose hundreds of millions in investments, and it is nothing more than a tax deduction. Keep pumping.

ICE Price at posting: 8.4¢ Sentiment: Hold Disclosure: Not Held
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