So what does this mean? Was MQG the problem in the original proposal? Does it re-open the AFG/Connective merger/takeover deal?
I think AFG has the financial capacity to still do the deal as they had a capital raising to finance the original proposal but did not use the funds for that purpose. They have subsequently run with a deal with Fintelligence. Did they use the Connective funds for this or alternative funding sources?
Interesting times ahead.
Cheers Westwind
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