There's a huge risk....
i hope I understand this correctly...
there is around 21 million spvc shares. Let's assume all of these people withdraw there money. Then we end up with 5million promoter shares for nill consideration and Mergeco will sell USD60mill worth shares for discount. Then we have to pay all the expenses for both parties. Looks like day light robbery. Is this correct?
dyo & imho
- Forums
- ASX - By Stock
- CBR
- Ann: Signing of merger agreement documents
Ann: Signing of merger agreement documents, page-100
-
-
- There are more pages in this discussion • 21 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CBR (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SS1
SUN SILVER LIMITED
Gerard O'Donovan, Executive Director
Gerard O'Donovan
Executive Director
SPONSORED BY The Market Online