SFI 0.00% 9.0¢ spookfish limited

Ann: Eagleview to acquire Spookfish, page-68

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  1. 5,998 Posts.
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    It looks like EV will buy out the current licensing arrangement by mid-September for $15m (i.e. the rights to future royalties) before shareholders even have the scheme explanatory documents to demonstrate why the buy-out is recommended.

    I think that your statement above is the key point that should be put to ASIC/ASX/OIC as until we know that the shareholders have no idea if the deal is of benefit to the SH or not.

    The value of the royalties should be put to shareholders to decide if the agreement is in the SH interests.

    EV arguing that there is no value as they might walk away has been destroyed by the TO at 8c, they believe there there is at least 8c of value to them.
 
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