AVV aav limited

buying staging connections pty ltd

  1. texas5qld
    2,922 Posts.
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    31/10/03
    08:24
    Post #: 286459
    Not sure if I'm reading this right, but it looks like Staging Connections has $26.9 million in nett assets and that AAV plan to purchase them with 16.6 million shares issued to the owners of Staging Connections and 9.4 million shares to the market =$36.4 million purchase price.

    AvV's current shares of 74 million + 26 million new issue = 100 million shares.

    Given that AvV's current nett assets are $36 million it seems like a good buy.
    Does anyone have cashflow figures from Staging Connections books ?

    Tex.
    AVV Price at posting: 0.0¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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