If shareholders are like me, they are only here for the oil now, and not the emu variety. So for all intents and purposes, the Co has already changed sector.
Doing so physically, whilst cleaning up the register (in terms of shares on issue), is not that simple or quick. A change to ASX mining sector will require a cap raise at 20c, which could be tough until some solid news comes re these targets.
shall talk about bio over the weekend, page-11
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