ZLD 0.00% 72.0¢ zelira therapeutics limited

Ann: Zelira to acquire Health House International Limited, page-3

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 124 Posts.
    lightbulb Created with Sketch. 42
    Buying a company that's run out of money and in debt...

    Under the Scheme, Zelira will issue shares to Health House giving Health House parties a 19.45% interest in the expanded Zelira.

    So what's that, another 400mill shares issued? They're also loaning $1.5m for working captial to keep them afloat... That $7mill in cash as of 31 Dec 21 aint gonna last long (esp if they're posting another 2.5mill loss this quarter).
 
watchlist Created with Sketch. Add ZLD (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.