mjn - announcement, page-3

  1. 969 Posts.
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    Yes typical response. Did you buy any that is the question. Today was the best day to buy as there is now next to no risk of the deal occuring. Up until now you were still taking a chance that the deal may fall over. If you go over the announcement you will see after the consolidation there will be about 130 million shares on issue of which 103 million are escrowed for 18 months and 30 months. So realistically there will only be 27 million shares tradeable. There will need to be some money raised but this could be done through placements and possible debt facility so there should be minimal dilution for that.

    I think we should see a analyst report in the very near future.
 
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