Ann: UBN Announces Placement, Asset Purchase and Rights Issue, page-26

It is clear that Argosy is paying UBN a decent premium (to current price...but not historical) for the acquisition/underwriting of the shares. What is not clear is what premium that UBN is paying to Argosy for the acquisition of the assets (company & IP). It could be that they're not worth much at all! Whilst UBN thinks they can sell it into their customer base there was no mention IIRC of any existing revenues that these assets are already generating...if they're in SA where these prospective customers are why can't they sell to them direct without needing to get UBN involved??