Further to that twin
"It is expected that Admission will occur in June 2014" and ....and
"BBI Diagnostics expects to enter into a new secured credit facility in connection with the Offer. BBI Diagnostics expects to draw funds in an amount equal to approximately £60 million, or approximately three times BBI Diagnostics' 2013 normalised earnings before interest, taxes, depreciation and amortization (after adjustment for certain foreign exchange and standalone costs), at the time of the Offer."
So it is EXPECTED to be admitted to London exchange by end of June, and whilst BBI dont get any money from the listing they will have plenty of access to additional capital.... should they need it for .... Stuff
Also the opening words of the quarterly, I was smiling after the first paragraph... really sounded like GC speak for "Smile and wave"
Thanks to all for the positive and quality research, and the contrarians too, to help keep a balanced view.
Cheers
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