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29/10/07
11:40
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Check Form 603 lodged today at 9.42 am. 120 page substantial share notice.
Refer page 13 (page 18 of the 120)
Option Purchase Price:
- GRV contributing shares $3,941,543 for 1,147,500 shares = $3.435 per share;
- ECM $1,371,806.29 for 2,540,776 shares = 0.54 per share;
- ESMCA $114,900.33 for 34,000 shares = 3.379 per share;
Agreement is an option agreement i.e may or may not happen.
Long document, trying to read.
Regards
SP