CE1 0.00% 0.9¢ calima energy limited

Ann: Becoming a substantial holder, page-4

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  1. 2,653 Posts.
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    More likely to back in some business / idea with a heap of Vendor shares to his interests.
    It will likely involve a prospectus and issue of shares (IPO) with a share consolidation. Some of us will likely end up with small parcels if say there is a 1 for 20 consolidation. This might take up to a year, maybe longer to gain ASIC and ASX approvals. Also they need to know the idea can be sold to the investment markets
 
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