to make it clearer, Ron doesn't break even on the money he has personally invested into RWL Water and Emefcy till the Fluence share price hits $1.68.....ie. we got RWL Water for a bargain (Ron has invested A$221m of his own funds and we only gave him A$111m in shares) and this shows how confident Ron is in the future prospects of the merged group as a whole....I'm guessing he feels we will be well north of $1.68 over coming months?
soon we will have RWL Water contract notices coming out as well as Emefcy updates....flood of updates coming and sub $1 days are numbered.....,
kind regards, SEAH.
Ann: Independent Experts Report Proposed Acquisition, page-20
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