SEN 3.70% 1.3¢ senetas corporation limited

Can someone help this little dummy.The proposed consideration...

  1. 38 Posts.
    Can someone help this little dummy.

    The proposed consideration for the Acquisition is US$6 million to be satisfied by the issue of New Ordinary Shares in CTV, or at CTV discretion a mixture of share and cash.

    Am I correct in thinking we will have shares in CTV.
    Is the sale a one off to CTV after the $6 million do they only receive royalties.

    Can this eCryp be sold to others

    Galbally to join board of Directors at completion will he still be chairman of Senetas.
 
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