TSN 0.00% 1.0¢ the sustainable nutrition group ltd

capital raising, page-113

  1. 2,595 Posts.
    G'day doctornoh,

    ACL's oncology had no value attributed due to inability to fund it. CR changed that.
    The way I see the split is; extra costs/directors, extra dilution.
    The risk I see with the demerger is that the Fonda arm gets even more undervalued than it already is, as no money will be coming in for 6 months or so.
    The net result is likely to be lower overall value IMO.

    Happy to be wrong though.
 
watchlist Created with Sketch. Add TSN (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.