The Board is calling an EGM to put acquisition and capital raise resolutions to shareholders asap. The 6 Feb announcement said the general meeting will be late March. BUD need to provide 28 days notice of the meeting. So expect to see a Notice of Meeting soon.
IMHO, given the $18.1m raise was completed at a $0.08 share price, the current share price is great value. I think there'll be better on-market support post-acquisition. It's a good sign the CEO and Chairman are both putting in $150k. DYOR
BUD Price at posting:
6.4¢ Sentiment: Buy Disclosure: Held
