This acquisition once completed will definitely fast track profits for S66, especially direct sales into China.
They haven't detailed a time line for their due diligence period, however i suspect this is a done deal!
"Ausway currently generates revenues in excess of $18 million with positive earnings.
The Managing Director of Star Combo, Mr Star Zhang said “I am very pleased to have the opportunity to potentially join the complimentary businesses of Star Combo & Ausway as there are significant synergies between the two businesses that will underpin a successful future for our company”.
The acquisition will be subject to both a formal due diligence process and approval by the Star Combo Board of Directors."
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No. | Vol. | Price($) |
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1 | 20000 | 0.140 |
2 | 69626 | 0.135 |
2 | 105000 | 0.130 |
1 | 36500 | 0.115 |
Price($) | Vol. | No. |
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0.160 | 14000 | 1 |
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