SEQ 0.00% 34.0¢ sequoia financial group ltd

*the consideration payable is an aggregate of 42,777,000 fully...

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    *the consideration payable is an aggregate of 42,777,000 fully paid ordinary shares at a deemed issue price of $0.30 and no cash;
    *Completion is subject to a number of conditions precedent including shareholder approvals, third party change of control consents and entry into executive employment agreement with each of Garry Crole and Brent Jones to act as joint managing directors of InterPrac on and from Completion for 3 years;
    *a total of 32,082,751 consideration shares to be subject to a voluntary escrow period of 12 months from Completion; and
    *the vendors provide warranties and indemnities, including a warranty from management vendors that the InterPrac group has at least $2.2 million in net cash at Completion.

    75% in escrow. The balance should create quite a bit of additional liquidity in December.

    Previous experience is that markets are thin and irrational in the silly season. Anyone else see mid 20s for Christmas?
 
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Last
34.0¢
Change
0.000(0.00%)
Mkt cap ! $48.48M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
2 50000 33.0¢
 

Sellers (Offers)

Price($) Vol. No.
34.5¢ 29697 1
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Last trade - 16.16pm 29/11/2024 (20 minute delay) ?
SEQ (ASX) Chart
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