NNW 1.43% 7.1¢ 99 wuxian limited

Ann: Acquisition of Jiangsu Ofpay E-commerce Limited Presentation, page-11

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  1. 2,285 Posts.
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    Raising at 10 cents to partially fund the acquisition.
    Issuing approximately 92 million new shares in private placement, not stated who these are going to, it would be good for investors to know some detail.
    It has not dipped to the raising price since the announcement.
    Looks like a complex funding model.

    Gw
 
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