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ReXXar

524 Posts.

80

21/06/21

21:15

Post #: 53975812
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Originally posted by madamswer: ↑

"With the acquisition of Trivantage, it says out of the 5.5 million SCEE shares in payment, 50% is escrowed for 12 months, that means 2.75m shares, on Hotcopper it currently says $136.4m in market cap, does this include the escrowed shares? "

@ReXXar,

I think you've got this a bit wrong.

The "5.5m SCEE shares in payment" you reference (and I think you are confusing this with a number of shares to be issued, valued at $5.5m - based on 10-day VWAP preceding the acquisition announcement; so close to 12.5m shares, by my reckoning) are contingent on financial results for Trivantage for FY2021 (specifically, that Trivantage EBIT hits $10.1m).

So, no SXE shares related to Trivantage have been issued at this stage.

If Trivantage does hit $10.1m in EBIT for FY2021, then the company will have around 263m shares on issue (derived by 250.6m currently on issue - 248.05m quoted and 2.5m unquoted - plus the ~12.5m shares as deferred consideration for Trivantage).

.

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Oops sorry yes you're right, I should be more careful reading next time thank you

SXE Price at posting: 55.0¢ Sentiment: None Disclosure: Held
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(20min delay)
Last $1.78		Change 0.000(0.00%)		Mkt cap ! $467.2M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
1	2253	$1.85

Sellers (Offers)

Price($)	Vol.	No.
$1.72	10674	1

View Market Depth

No.	Vol.	Price($)
1	2253	1.850
1	13000	1.840
1	23	1.795
2	1361	1.780
3	2126	1.775

Price($)	Vol.	No.
1.720	10674	1
1.760	1527	2
1.780	1700	1
1.795	20000	1
1.800	22000	2

Last trade - 09.30am 01/08/2024 (20 minute delay)

SXE (ASX) Chart

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