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
aav limited
Not sure if I'm reading this right, but it looks like Staging...
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