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Ann: BTR: Strategic Merger Presentation, page-9

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robbo24

11,348 Posts.

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23/12/22

11:39

Post #: 65428999
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Originally posted by Fredwah: ↑

Updated figures below (worse deal than I originally thought). Note after merger that the company still doesn't have enough cash to refurb/upgrade the mill, so I've added that "sweetener" in as well.

It's probably a good deal to keep management employed for the next few years, but shareholders aren't going to make much off it.

GLTAH

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Get a small but manageable debt on there for plant refurb, Fredwah!

KWR Price at posting: 3.2¢ Sentiment: Buy Disclosure: Held
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Ann: BTR: Strategic Merger Presentation, page-9

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