EXT 15.4% 1.1¢ excite technology services ltd

merg not a finished deal, page-17

  1. 559 Posts.
    Harlee,
    apart from what the horse is saying.

    1. EXT has ~220 mio shares on issue and EXT has Husab 100% U - great
    2. After the deal the new company will have at least 370 mio shares on issue, owning Husab 100% U and KAH assets - not great. If I like KAH assets i buy KAH shares. I do not like them, that's why I dont have an interest to own them.

    Yes, most likely I'm very stupid and misinformed but this is what I read from the docs. I read a massive dilution. I will stick to this opinion until a new official ann is made.

    Pisa
 
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