Just to set the record straight.
We get ~11% of the RUM shareholding (50% escrowed for 12 months) plus $1mill in cash.
Good outcome. Well done management.
Admittedly the price may fluctuate but as Benson said it gives AAG exposure to a range of other assets plus some more cash.
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- 4mill shares in rum @ 35c + $1m = ~$5mill
4mill shares in rum @ 35c + $1m = ~$5mill
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