HGV 2.22% 4.4¢ hygrovest limited

PanCann streaming deal

  1. 92 Posts.
    Am I correct in thinking that this deal puts a valuation on United Greeneries at only $40 million(since PanCann have to raise $20million for 49% equity) ?

    At close of business,HVST had a market cap of $87.24 million.

    Am I missing something with understanding this deal?
 
watchlist Created with Sketch. Add HGV (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.