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0.00% 13.5¢ carbon revolution limited

Ann: Signing of merger agreement documents, page-100

  1. SpaceMiner
    319 Posts.
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    07/12/22
    16:55
    Post #: 65202513
    There's a huge risk....
    i hope I understand this correctly...
    there is around 21 million spvc shares. Let's assume all of these people withdraw there money. Then we end up with 5million promoter shares for nill consideration and Mergeco will sell USD60mill worth shares for discount. Then we have to pay all the expenses for both parties. Looks like day light robbery. Is this correct?

    dyo & imho
    CBR Price at posting: 15.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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