ABS a.b.c. learning centres limited

abc close to deal on us assets, page-51

  1. zzedzz
    15,814 Posts.
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    05/03/08
    19:41
    Post #: 3432502
    Kacy,

    Read the announcement carefully.

    They are getting 60% of $775m ie $465m.

    The rest of the money is NOT realted to any sale proceeds but is debt via a convertible note.
    ABS Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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