Kaddy ltd must acquire Kaddy marketplace or Lecca
They do not have money
Do you think the ASX, Kaddys creditors, investors, or fair work will look favourably on them purchasing their asset back via a cap raise?
Lecca ALREADY OWNS Kaddy market place. Assume it's legal for them to do the backdoor listing of Marketplace.
What is the benefit to them of doing it?
They dilute their ownership of Marketplace from 100% to what, 25%?
Kaddy ltd must acquire Kaddy marketplace or LeccaThey do not...
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Mkt cap ! $3.834M | |||
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