This is a great acquisition, at the time of the initial agreement I think most of us agreed the this would happen and is a no brainer.
$10m, given implied annualised profit of $1m seems a good deal given it's a capability play and not a profit play.
Issue price of 7.5, is what 38% up on today's close but most likely what the price when they negotiations got serious.
Lets hope this gets closed out quickly and adds to the growth story
This is a great acquisition, at the time of the initial...
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0.7¢ |
Change
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Mkt cap ! $30.27M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 0.7¢ | 0.7¢ | $21.01K | 3.002M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 14755118 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 2773812 | 4 |
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