Ascension Capital Limited (NZX: ACE) advises that, following completion of its 100 into 1 share consolidation and taking account of rounding of entitlements, it has 19,148,828 quoted shares on issue held by 773 shareholders.
Not the first consolidation from this one either I suspect
The big question - are there any aces hidden up their sleeves or just Cap Raise plans or fresh air funded
by Big Wig loans into the purse to keep the shell listed on NZX ?
Maybe killing off all the smaller holders wasn't such a smart idea after all ?
Not a lot on the company 'being ai', the only search result on google with the same name is based in Hong Kong with different founders.
Regarding the founders mentioned David McDonald and Katherine Allsopp-Smith (alternate Evan Christian) who seem to be quite wealthy, though not a lot of coverage on them given their wealth.
Evan Christian is CEO at Wilshire Investments, a private investment company, a director of Wilshire Property Group, a commercial property investment company, and a director and shareholder of G3 Group. https://channelmag.co.nz/channel/fea...-family-first/
- the vendors of the Being AI business assets would be issued 1,800,000,000 fully paid ordinary shares at an issue price of NZ$0.025 per share as consideration for the purchase of the shares in the various Being AI businesses.
I wonder how this goes.......a casual 1.8billion shares being issued......
IMHO I wonder if this backdooring will be any more successful that the several others that this " speciatility crew " have been involved in , from researching the current share prices are now approx 60 % less that their listing price.
Imo I would wait a couple of years until the expected hype and B S /disappointment surfaces/evaporates!! DYOR in great depth !!
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