The combined amount of money Nexbis will pay out to these companies is $16m + $15m = $31m which exceeds the placement amount of $9.7m. So if said placement and sophisticated investors are insiders, there is still a net cash outflow from the company.
Need to investigate the two companies still in some detail.
- Forums
- ASX - By Stock
- NBS
- Ann: Trading Halt
Ann: Trading Halt , page-17
Featured News
Add NBS (ASX) to my watchlist
|
|||||
Last
9.9¢ |
Change
0.000(0.00%) |
Mkt cap ! n/a |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |