Thanks Outcold... I inferred differently from Butcherboy's post recently where he quoted the following as part of a newspaper story:
".... But a lack of government support, and therefore investor interest, forced Burns in 2006 to list a new entity called Renewable Energy Holdings on the London-based AIM market, which held the IP rights. AIM's lack of liquidity makes it a difficult platform on which to raise funds, so Carnegie has seized this opportunity to buy back the rights in exchange for a 35 per cent stake...."
From that it seemed the REH stage was a way of taking one step sideways to take a bigger step forwards.
CNM
carnegie corporation limited
Thanks Outcold... I inferred differently from Butcherboy's post...
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