ADO 0.00% 2.1¢ anteotech ltd

Ann: Revised Payment Arrangements with DIAsource Vendors, page-6

  1. 367 Posts.
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    From the announcement:
    If payment is made after 31 July 2017, then: ▪ the equity component of the Earn-Out reduces to 5%; and ▪ all payments to the vendors under the DIAsource Share Purchase Agreement (including the Earn-Out Payment and the full balance of the purchase price) are to be made by 2 October 2017.

    It seems they are looking for another finance option with the repayment terms deferred to 2 October 2017.  Hope it's not a case of deja vu.
 
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