Wow!!
Mocka must be going gangbusters.
This announcement basically says ADH is paying an extra NZ$10 million in total consideration and it is bringing forward the final payment of NZ$33 million by a year.
The vendors of Mocka must be delighted. Knowing the board of ADH it must be compelling to bring forward such a large payment. And even better it is being funded out of cash reserves.
The June trading update will be even more fascinating.
Is this announcement a big teaser for what's to be announce next.
Cheers.............Daicosisgod
Ann: Early settlement of deferred Mocka consideration, page-2
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Last
$2.04 |
Change
0.120(6.25%) |
Mkt cap ! $356.3M | |||
| Open | High | Low | Value | Volume |
| $1.92 | $2.06 | $1.88 | $2.039M | 1.031M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 666 | $2.02 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.07 | 7564 | 2 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| ADH (ASX) Chart |