So we now have a PE or does RWL also have no positive earnings?
Unanimous approval by Board; I hope there are no short term gains for them, e.g. all options become exercisable. We want them to make the best decision for all shareholders.
Yes; I agree though it looks like a good deal. I assume it provides an exit position for Lauder from his private investment vehicle. This was probably a better option for him rather than taking over EMC. Would have cost him at least $300M to do that.
I was concerned there would be a CR when I read an acquisition was to take place, but this is taken care of by the merger/ share dilution. And we get $20M in the kitty which brings me to my first point; are we now generating free cash flow with the revenues RWL bring?
Ann: Trading Halt, page-56
Add FLC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
11.5¢ |
Change
0.003(2.22%) |
Mkt cap ! $124.3M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.5¢ | 11.0¢ | $10.87K | 95.64K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 305000 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 12984 | 1 |
View Market Depth
| Last trade - 14.51pm 04/07/2024 (20 minute delay) ? |
| FLC (ASX) Chart |