The report provides detailed valuations of the two companies along with the methodologies used. (The value attributed to the shell is a bonus).
It also provides future intent of the merged entity.
It should start to change the vibes on these threads at some stage when it is read and understood.
Consolidation? Could not move forward without it. ASX condition.
Credit Raising? Cannot move forward without it. Every company requires working capital.
In respect to the dilution I would rather have one fifth of of something rather than four fifths of nothing.
Cannot believe only two posters have read the report that has been out since Friday.
Interested to hear whether anyone sees a ray of light
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