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I think CFO only holds initial equity of 10% in Innovaero, and...

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Fastrunner

374 Posts.

54

05/03/24

19:37

Post #: 72758784
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Originally posted by ausbenny: ↑

So Droneshield is now worth 420m what happens here with the 17% per cent owning of Innovaero for CFO?
Innovaero must be a 20 to 30 million bare minumum value for the business.
So as an estimate the 17% must be worth in the region of 4 million CFO currently total value of 1.5 million.
What happens going forward is there a plan to get value out of this holding?

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I think CFO only holds initial equity of 10% in Innovaero, and may be 13% in Carbon electric Car leasing and rentals, by the timeline not long to go for delisting as ASX has max. 2 years for suspension unless they are doing something in the background to list Carbon in ASX through backdoor, CFO has not acquired any suitable business as yet.

CFO Price at posting: 0.2¢ Sentiment: None Disclosure: Not Held
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