CE1 0.00% 0.9¢ calima energy limited

Regarding consolidation: if the market cap is currently $12.75m,...

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    Regarding consolidation: if the market cap is currently $12.75m, that would mean they have 1.275 billion shares on issue currently.

    If they acquire a new company, i.e. a tech company, they will have to give the owners of the tech company atleast 50% ownership of APY. So that's issueing the new owners/directors around 1.3 billion shares. Then you have the performance shares they will provide them which will probably be in the tens of millions.

    Thats around 2.5 billion + shares after acquisition. I think they will definitely be doing a consolidation to tidy things up.

    If anyone has thoughts or reasons that supports the argument aconsolidation won't happen, please feel free to share; especially if you know of instances in the past where backdoor listing/acquisitions have happened without consolidation.
 
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