byg2323
I think you could be right.
Cash in Bank is $16m
Vendor Loan $8.5m
They will earn $6m in cash between now and when they have to make the payment
That totals $30.5m
they have a facility for $9m so they could quite comfortably make the A Class buy out at $1.20
This will rid the directors of the A Class problem. the next step will be to put in a low ball offer to take the rest of the company out just like RP Data.
It's almost like writing a script or is it de za vu!
byg2323I think you could be right.Cash in Bank is $16mVendor...
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Last
$3.06 |
Change
0.000(0.00%) |
Mkt cap ! $88.72M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1038 | $3.08 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.20 | 2000 | 1 |
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