So the cost is 12.5% of the company
plus management time
at current market cap that's about 2m AUD
in exchange for what?
50% of a 5m EUR or 9m AUD CAPEX plant
50% is 2.5m EUR or 4.5m AUD
to be funded 50% by equity from partners
and maybe the rest is debt
or the 10m
buy 4.5m for 2m in shares.
expandable too.
great deal.
values the company at about 0.20
does the 10m have the same consideration, the 12.5%?
i.e. is it included in the current deal?
or more like a separate deal that IG will have to pay for?
So the cost is 12.5% of the companyplus management timeat...
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