ASV 0.00% 2.0¢ asset vision co ltd

News: PSZ Ps&C Executed Term Sheet To Acquire Asset Vision, page-8

  1. 970 Posts.
    lightbulb Created with Sketch. 25
    consulting business to be sold for $23m
    500m shares outstanding, market cap at 0.045 = $22m
    doesn't look like there's much long term debt on the balance sheet
    asset vision purchase for $9m cash, $1m shares. cloud based business last year revenue $1.6m with a solid client base, profitability unknown
    share buyback once $23m cash comes in

    downside looks limited at these prices

 
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