I find this part of the announcement interesting:
"2. Has ACU taken any steps, or does it propose to take any steps, to raise further cash to fund its operations and, if so, what are those steps and how likely does it believe that they will be successful?
Based on existing cash reserves and cashflow projections the Company has considered a range of funding options. There is significant interest from existing and new investors to fund the Company’s growth and the Board is currently evaluating the most appropriate form of funding. The Company believes the proposed acquisition of Plus Connect will deliver outstanding value to shareholders in the medium term and, for this reason, funding decisions will be aimed at prioritising existing shareholders where possible and avoiding unnecessary dilution. The Company believes it will be successful in raising cash to fund its operations."
- Forums
- ASX - By Stock
- PC1
- Ann: Response to ASX Appendic 4C Query
Ann: Response to ASX Appendic 4C Query, page-2
-
- There are more pages in this discussion • 86 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 PC1 (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online