Well Remus has ear marked $400 million in USD and offering to buy FAR for $160m USD
A counter bid of (theorectically) 3 cents AUD will take Remus bid out.
REMUS FUNDING
Remus has a present funding capacity totalling US$400 million of which it has currently allocated up to
US$250 million towards the acquisition of FAR and the provision of additional funds to FAR post the
completion of the acquisition or through a potential working capital support bridge loan (see details
later in this letter). This being more than sufficient to fund the total consideration payable to
Shareholders under the Remus Offer of approximately A$210 million.
Ann: Remus Takeover Offer, page-11
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Last
50.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $46.20M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 17688 | 50.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.5¢ | 88712 | 1 |
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