ACZ 0.00% 28.5¢ atticus resources limited

only it's notthe acquisition costs 51.5m sharesplus in the money...

  1. 8,806 Posts.
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    only it's not

    the acquisition costs 51.5m shares
    plus in the money oppies there's 110m on issue

    so it's really $25m, with $3m cash

    with very little stock for sale, to buy you're paying $30m. that's a lot of director premium for $30m

    call it downramping if you want but I wouldn't be surprised to see $20m well before you see $50m
 
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