PC1 plus connect limited

ACU mkt cap $27m at 5c, page-19

  1. 1,648 Posts.
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    I was particularly interested in this comment so I went through the Bid Implementation Agreement.
    The number of shares to be issued is 3.077999 ACU shares per 1 Plus Connect share.
    There is no ability to vary this unless the Agreement lapses.
    Dilution will occur to the tune of 34.9% should the Agreement go ahead.
    The positive in all this is that with a higher sp the plus connect shareholders are more likely to ratify the Agreement.

    More upside to come methinks.
 
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