CMY capital mining limited

RTO shells and IPO crowd sourcing

  1. 1,641 Posts.
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    This deserves a new thread.

    Did anyone else read an articles pertaining to IPO crowd sourcing legislation or have opinions on the matter? Anyone else see this as a general threat to the value of RTO shells? It looks like 2016 will be the year crowd sourced IPO will take off. Its been backed up by the PM.

    I'm guessing this will be disruptor to the recycling "business" of RTO shells.

    Seems like a legitimate line of discussion, as the value in CMY is all dependent on an RTO. If it becomes cheaper to IPO, then our RTO shell is worth far less than we think.

    Some of the articles I have already linked are below. Please post any other article links that pertain to this change, and add to the discussion.

    http://www.*.com.au/m...onsider-listing-on-the-asx-for-funding-2015-8

    http://techexec.com.au/turnbull-bids-on-startup-innovation/
 
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