MAP 1.54% 16.0¢ microba life sciences limited

Ann: Fully Underwritten A$20 million Entitlement Offer, page-3

  1. 9,785 Posts.
    lightbulb Created with Sketch. 965
    Yes, we have all just taken a 30% haircut for this acquisition. It's a heavy price.

    23 cents is the same price Sonic entered a year ago.
    Sonic has their 32 cent options coming up for exercise in the near future.

    Safe to say the retail offer isn't going to fly but fully underwritten at a hefty price.
 
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