Is DCL still placing 100million shares to Austagri

100Mill shares to be granted to Austagro shareholders in the new DCL sub fund, in exchange for a proposed $2.6m in fees to DCL PA for 5 years. At current Values Austagro shareholders will receive $8.5 million in exchange (IMO @8.5centsSP). Lets hope there are Bank Guarantee's or other performance measures/securities underwritten by third parties or hard assets to secure these obligations (imo). No doubt the Due Diligence Financial and Legal Teams are all over this (IMO) . Has anyone done the NPV calculation weighted for risk over the term on a SP of 6cents to 8 cents to see if this makes sense. Seems IMO I've got the calculation back to front ...as it just looks like a great deal for Austagro to me (IMO). Will be interested to find out who the Legal and Financial advisors are and how is DCL paying for them. IMO should be a not less than $40K -$80K gig on a cheap day (IMO).Not sure whose funding that with no fund raising offering in place.


Still waiting ....Tick....Tick