HCH 1.20% 84.5¢ hot chili limited

Hi Topcall, the original terms for the additional purchase...

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    Hi Topcall,

    the original terms for the additional purchase option to get to 51% was to pay a minimum of 80M$ (refer to the Independent Expert Report).

    In the Half Year Accounts, an amount of 26M$ was mentioned for the exercise of the additional purchase option, hence my thoughts that the amended agreement could include a lower option price to get to 51% ownership reflecting the current market conditions.
    Last edited by Sellier: 21/03/17
 
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