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25.0% 0.3¢ mcs services limited

What's going on ?, page-7

  1. Tattiebinger
    627 Posts.
    lightbulb Created with Sketch. 54
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    09/09/16
    16:08
    Post #: 19056465
    Smallish,
    The proposed share buy back isn't for cash. John Boardman (vendor of JBL aka Intiga) effectively hands back his 18M shares in MCS and in return is given 27M unlisted options which he can exercise at a 6c per share anytime until 30/10/2020.
    MSG Price at posting: 2.9¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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