ACE acusensus limited.

Ann: ACE Recapitalisation Plan , page-4

  1. cag
    153 Posts.
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    hi nt
    as per the asx release there will be dilution, a cap raising which will dilute but by my calcs at approx 2 cents per share which is reasonable , plus the purchase of a lpg business which while dilutive should add an equivalent value to the comp !?
    the interesting thing is the debt forgiveness of approx 9.5 mill
    overhaul i dont think it is too bad a result ( they could have gone bust altogether ) at least they are still in the game

    cag
 
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