TV2 0.00% 0.8¢ tv2u international limited

All that information is contained in the announcement on...

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    All that information is contained in the announcement on 29/01/19.

    Talico will only receive consideration from the deal, as and when real value emerges for TV2U from the commercialisation of the IP.

    Nick transferred the portfolio with no upfront payment, just earnouts when Net Profit milestones are hit:
    https://hotcopper.com.au/data/attachments/1591/1591198-c99a1a29bfca8c778e8159712558c4fc.jpg
    There was also originally a clause that the deal was dependant upon a 2.5m raise but, as per this ann, this has been removed.

    So sure, you are right, there will be future dilution for the acquisition but only when it proves to be value accretive.
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