Am I reading this right ?
So Macquarie got $70m cash, 25m shares via scrip deal, 55m shares via referral agreement and 75m options (20c strike) as a part of the EMS deal. And now less than 2 years after the deal have sold all 80m shares @16c.
I wonder if the referral agreement was fruitful and whether it still exists ? Reminds me of the ERM deal....
Like to hear SH’s thoughts on this ???
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