re: Ann: Takeover Bid Closes, Compulsory Acqu... PA,those figures are from 12/2010
It will be interesting to see cash on hand now
as the t/over of medevco was just finalised
and they do state a profitable business.
Cashflow from allied was also increasing.
They will probably wait for $4m option conversion
before raising further capital.
Bell Potter recently exercised 3.5m 6c options
which is a good sigh imo.
Ann: Takeover Bid Closes, Compulsory Acquisition , page-9
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