undervalued, page-2

Therefore see it as an opportunity, one has to be brave and have faith that its going back to $0.31 per share.

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The key terms of the transaction are:
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A consideration of $4.0 million, to acquire the Net Asset Value of the Indigo Group totalling $2.575 million and the ongoing business. This consideration will be made up of $3.3 million in Cash and Fully Paid Ordinary Shares in Hyro Limited to the value of $700,000 at $0.31 per share (2,258,000 shares).