Lets get this straight. Foxconn is not backdoor listing into LAT, nor does it want to invest in LAT. They have invested in Mig33 and the potential that the social media company has around asia.
Foxconn has over a million employees, revenue 100+ billion and assets over 1.7 trillion....They do not need to backdoor list into an old shell on the asx!
They have however backed the Mig.me team who are attempting an RTO into LAT and I am here to watch the show over the next five years.
LAT Price at posting:
7.3¢ Sentiment: LT Buy Disclosure: Held
