For any "newbies", here's the critical bit IITrader left out.
Aziana Ltd has nothing to do with the core business of BRN. It was a mining company based in Madagascar in the business of mining bauxite and gold.
It was merely shell company used as a vehicle for a backdoor listing / reverse takeover to create BRN with all the benefits of an IPO but at a fraction of the cost.
Feel free to educate yourselves with some light reading to get up to speed on the common practice of listing on the ASX utilising shell companies in a manner that iiTrader was clearly incapable of since 2015:
https://qrlawyers.com.au/why-a-backdoor-listing-might-be-right-for-your-technology-startup/
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For any "newbies", here's the critical bit IITrader left...
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