Scott I just went by the 30 June 2024 finance reports liabilities. There was about a 3 mil difference between 30th june 2024 and 31 dec 2023 so I just added that to the current 31.5 and rounded up.
I thought this was a reasonable guess given the “while assuming TMG Group liabilities” from:
“Per the terms of the HoA, EQR has determined that the enterprise value of TMG Group is A$13.5 million (Enterprise Value), inclusive of the Acquisition Shares and inclusive of liabilities as of the date of the HoA. Subject to the satisfaction of Conditions Precedent and any applicable adjustments, at closing of the Transaction, EQR has agreed to issue an estimated 170 million new fully paid ordinary EQR shares (Consideration Shares) and make payment of an estimated A$2.5 million in cash (the Company intends to fund this through customer prepayments for FeW) while assuming TMG Group liabilities.”The financial report also contained the following. But that refers to the failed IPO not the HOA.
Great news if some of these liabilities will be wiped. I just went with what I thought was the worst case.
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
3.4¢ |
Change
-0.002(5.56%) |
Mkt cap ! $91.02M | |||
| Open | High | Low | Value | Volume |
| 3.7¢ | 3.7¢ | 3.4¢ | $118.5K | 3.378M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 311994 | 3.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.7¢ | 362497 | 4 |
View Market Depth
| Last trade - 16.10pm 17/06/2025 (20 minute delay) ? |
| EQR (ASX) Chart |