ADH 1.66% $1.84 adairs limited

Wow!! Mocka must be going gangbusters. This announcement...

  1. 12,410 Posts.
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    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
 
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