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4.88% 4.3¢ genetic technologies limited

strategic alliance with evd, page-3

  1. stolwyk
    22,691 Posts.
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    20/10/03
    12:40
    Post #: 275450

    Please consider this:

    "Combining these two transactions, GTG would owe the Foundation $12.5M net and the parties have now agreed GTG may settle this purchase by issuing a total of 16,666,667 shares to the Foundation, based on a deemed value of 75 cents each".

    So the deemed value was 75 cents and not the current share price of 58 cents.

    Gerry
    GTG Price at posting: 0.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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