I was particularly interested in this comment so I went through the Bid Implementation Agreement.
The number of shares to be issued is 3.077999 ACU shares per 1 Plus Connect share.
There is no ability to vary this unless the Agreement lapses.
Dilution will occur to the tune of 34.9% should the Agreement go ahead.
The positive in all this is that with a higher sp the plus connect shareholders are more likely to ratify the Agreement.
More upside to come methinks.
ACU Price at posting:
4.9¢ Sentiment: Buy Disclosure: Held