NNW 1.43% 7.1¢ 99 wuxian limited

Ann: Acquisition of Jiangsu Ofpay E-commerce Limited Presentation, page-4

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  1. 893 Posts.
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    Seems like a nice acquisition that fits their business... Its also a cap raise @10c and essentially 14c assuming zhang converts her loan into shares. If i had invested at 50c in the previous cap raise i would be filthy that Zhang is raising to herself at 14c. Pretty low act but i'm not sure anyone would be willing to offer up a better deal currently.

    What we need now is revenue growth and hopefully some profitability!
 
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