no one commenting on etc today, etc ownership of nexbis is only 65.66% , wanting to raise another 20m to acquire the rest.
profit figure for jun09 of 48m after tax imo will not be achieved. with more capital raising for nexbis acquisition and running costs market cap could be up around $230m .
best to see what happens to price after consolidation of shares and cap raising.
ETC
entertainment media & telecoms corporation limited
