AHI 0.00% 9.2¢ advanced health intelligence ltd

Ann: MYQ Signs Agreement with Nexus-Vita with USD$3.5m Guarantee, page-26

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 505 Posts.
    lightbulb Created with Sketch. 469
    That is the due diligence to ensure that Nexus has or will have the capability to make current and future payments to MYQ. If they did not have the financial capability to make the payments, then ASX would have suspended MYQ until such a time where Nexus has proven they have the capital commitment to the deal.

    All private companies go through capital financing rounds, and Nexus has simply disclosed these financing rounds to MYQ to show that they do indeed have the capability to meet this financial commitment in the deal. They do not need to drum up 3.6m USD by 28th December.
 
watchlist Created with Sketch. Add AHI (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.