>That any entity can back door to our shell to avoid their own ipo
Yes, I accept that completely.
However, the ASX listed entity needs to purchase the unlisted entity IN FULL. How do you propose they do this?
If Kaddy Limited comes up with any type of capital within the next few years their creditors and former employees are going to take issue with that, issue that they have legal recourse to pursue.
>That any entity can back door to our shell to avoid their own...
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