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Ann: BetMakers submits proposal to acquire Tabcorp assets, page-508

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ndhawan4976

36 Posts.

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01/06/21

16:22

Post #: 53569658
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Originally posted by aurelex90: ↑

cant argue with idiots but i'll try too

1) how are they paying $4 billion for TAH when they are only worth $1 billion (that's right, you guessed it, massive dilution)

2) value received from TAH assets will be paid through issue of SHARES which means a huge $3 to $4 BILLION (thats 9 zeros) of dilution?????

3) they are worth 1 billion and are essentially a MINUS 3 billion dollar company after this transaction. BUT they can issue unlimited shares which means shareholders get the short end of the stick. shares will be diluted into oblivion to pay for this mess

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Sorry for a bit different opinion. I believe BET is not issuing shares for free there is 4m worth of assets backing that up. This is value transfer only with backed up assets. I think dilution is kindaa when a company raises/ issue shares for working capital etc. This is purely backed up by TAH assets.

BET Price at posting: $1.11 Sentiment: Buy Disclosure: Held
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(20min delay)
Last 8.1¢		Change -0.002(2.41%)		Mkt cap ! $78.17M

Open	High	Low	Value	Volume
8.1¢	8.3¢	8.1¢	$28.43K	346.2K

Buyers (Bids)

No.	Vol.	Price($)
5	524078	8.1¢

Sellers (Offers)

Price($)	Vol.	No.
8.2¢	55001	2

View Market Depth

No.	Vol.	Price($)
5	524078	0.081
12	462017	0.080
4	126127	0.079
3	41450	0.078
4	98741	0.077

Price($)	Vol.	No.
0.082	55001	2
0.083	5000	1
0.084	31539	1
0.086	9900	1
0.087	87417	2

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