EVS 2.94% 7.0¢ envirosuite limited

Ann: Trading Halt , page-2

  1. 9,253 Posts.
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    How is Pacific Environment going to fund an acquisition (especially one that was triggered by a trading halt)? They only have around $1m in cash, however it appears they are generating positive cash flow in recent quarters. Maybe it has grown to $1.5m by now (who knows).

    Let's hope they don't issue any scrip, as I don't want my holding diluted.

    Best case scenario is if the acquisition is funded by debt. Let's hope it is a star performer that generates positive cash flow with plenty of synergies yet to be realised.
 
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