Chaz,
The reasons that you have outlined is why backdoor listings via shell companies will be stamped ot by the ASX.
The yet to be announced greater "incentives" by the Fed govt to list via IPO may make it difficult for CMY to strike a very attractive deal. Imo
I feel I have too much exposure to CMY, pity I didnt buy Bega 4 mths ago but I was talked out of it by HC poster.
I think WPI is overpriced for a shell company.
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