OCL 3.10% $14.95 objective corporation limited

Ann: Objective to acquire Simflofy, North American expansion, page-3

  1. 553 Posts.
    lightbulb Created with Sketch. 35
    Great news? Really? Tactical perhaps, but not great.

    The company they're buying:
    AUD 3m revenue
    Profit: ?

    What they're paying:
    AUD 7m and dilution for shareholders
    Cash AUD 4m
    Shares AUD 3m (ie. 185,000 shares @ $16.20/share)
    Last edited by Mango22: 15/03/22
 
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