Don’t feel like it is a good deal for us.
MSAC has a market cap of around $150m. If we merge with them based on the current market cap, MSAC current owner will have close to 40% of the merged entity- a controlling stake.
In my opinion, It could be a rather different story say if we can negotiate a “Reversed Takeover” transaction, i.e. AVR buys MSAC by issuing say up to 20% new shares to MSAC. Then we can restructure the company for a dual listing while having additional USD $50m in our cash account. Just saying …
Not Advice! DYOR!
Don’t feel like it is a good deal for us.MSAC has a market cap...
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Last
$18.70 |
Change
0.150(0.81%) |
Mkt cap ! $356.5M | |||
| Open | High | Low | Value | Volume |
| $18.80 | $18.80 | $18.70 | $7.65K | 408 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 252 | $18.41 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.70 | 104 | 1 |
View Market Depth
| Last trade - 10.18am 28/06/2024 (20 minute delay) ? |
| AVR (ASX) Chart |