The contents of the deal is more important than the announcement of the deal.
1. Purchase consideration to acquire gridComm,
2. Projected profit of gridComm in 2016 and 2017,
3. Number of shares to be issued and performance right to pay for purchase consideration of gridComm and what price?
4. Whether major shareholders' shares to be locked for selling for a specified period of time e.g., 24 months?
5. ASX's approval.
ODN Price at posting:
1.6¢ Sentiment: Hold Disclosure: Held
