I'm a confused by this announcement. they refer to "Updated acquisition metrics". but what has changed from the original announcement of this acquisition of 1 May.
the original said:
"AHCS’ expected FY19 gross revenues are $38m and EBITDA of $2m with significant upside in both FY20 and FY21. Expected Cash Price of $4m including transaction costs which will be fully funded from the Company’s existing cash reserves"
now it is:
"Acquisition price of $4m for 100% of AHCS funded 100% from the Company’s existing cash reserves • Zenitas expects AHCS’ first year revenue and EBITDA to be $38m and $2m respectively."
what metrics have been updated?? to me, the biggest change is that today's announcement does not repeat the words "with significant upside in both FY20 and FY21". but that's not really a metric. So, I'm confused by today's announcement.
Can anyone interpret today's announcement better?
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I'm a confused by this announcement. they refer to "Updated...
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