Yes they will need to put more details out, but i don't think it will take too long before we see another announcement regarding this acquisition. They have been hinting at this acquisition ever since s66 listed in May.
Company raised $7 Million cash through the IPO, plus whatever profits the Company have from revenue.
This Ausway Group Company is twice the size of s66 and currently turning over $18 Million in annual revenue and making a profit. They have significant sales into China, which is the big kicker for S66 with this deal moving forward.
Looks like they are a very professional outfit going by their website and marketing and product ranges.
Ann: HOA to acquire a business, page-3
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15.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $20.26M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4129 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 4129 | 1 |
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