ODN 0.00% 0.0¢ odin energy limited

Deal completion and pending documentation, page-270

  1. 6,165 Posts.
    lightbulb Created with Sketch. 2345
    Here is the answer
    Blommer ,9/05/16 , 17709788


    Watched this drama from the time RTO was ann , expressed my concern and caution from the outset, when "Terms of Rto" were not disclosed.

    To keep it simple:
    100% of NewCo = gridCom vendors' % + Odn shhs' %

    The higher the con.ratio, the less % odn shhs get.
    Is it
    85%+15% ?
    90%+10% ?
    95%+5%? ?
    98%+2%

    So many questions, but no answers, after so many months.
    Once there are answers, may look at it.
    (Looking at some other Rto's, atm, with less hairy issues )

    Take care.
    gltah.
 
watchlist Created with Sketch. Add ODN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.