CTV 0.00% 0.8¢ colortv limited

Ann: Update on AdCel Acquisition, page-2

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  1. 23,919 Posts.
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    AdCel deal is still proceeding

    $3M of stock at 22c escrowed for up to a year vs current SP of 13c

    It should provide a massive vote of confidence in the numbers EN1 is forecasting if these guys are happy to accept stock at a 70% premium for their business

    With revs expected to double in Q3 and again Q4, and AdCel still going ahead with stock at 22c, eventually the SP has to catch up
 
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