re: Ann: Cond. Acquisition of 100% of Issued ...
Effectively an RTO of FCS at 10M sharea plus cash up front and a very generous trade multiple of 5 x EBITDA when trade multiples are generally still in the 2-3x range.
Obviously our existing business is a complete dud and the much inflated satellite windfall isn't ever coming whilst the odious Farknutz and his disingenous Rudana / 4CC mob get the lions share of what's left for delivering nothing.
What a complete nong Genner was and you could never tell him not to trust an AAARAB from Dubai.
FCS Price at posting:
4.1¢ Sentiment: Sell Disclosure: Held