no. This is a reverse takeover... A backdoor listing.
This is an easier/ cheaper way for a private company to list on the asx without having to issue a prospectus and go through the IPO process.
CWL is a shell and we need to trust management to make a good decision on behalf of existing. Holders.
my take... Renewables-tick.
scalable-tick.
economical- hope so
no. This is a reverse takeover... A backdoor listing. This is an...
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