PC1 0.00% 0.0¢ plus connect limited

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

  1. 1,551 Posts.
    lightbulb Created with Sketch. 261
    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.
 
watchlist Created with Sketch. Add PC1 (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.