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The ASX Casino - Weekly Shell List, page-1508

  1. Master Burrows
    3,538 Posts.
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    13/01/16
    11:47
    Post #: 16785662
    Shells with cash face another problem - if the potential acquisition is top shelf, then surely the vendor will not accept a majority cash payment and minimal equity stake, unless the cash payment is at a huge premium. Then again a cash payment at a premium will not be something a shell company will be likely to consider.

    Viscous cycle.
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    lightbulb Created with Sketch.  Great analysis
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