Overnight...
News for Updater shareholders as former BID chair James Baillieu has threatened legal action over the unlisted US company looking to raise money in the US and value it at over US$1bn. A unicorn.
Updater was formerly listed on the ASX under UPD and was the APT of its day. In a rare move, it delisted to allow it to pursue its business model and capital raising on a bigger scale in the US. Many high-profile Australians are investors including Alex Waislitz and his TEK fund. The move from Baillieu could disrupt current capital raising plans.
- Forums
- ASX - By Stock
- UPD
- Revenue guidance
Revenue guidance, page-28
-
- There are more pages in this discussion • 221 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add UPD (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online