"All sounds great until you wonder how they are going to pay for the acquisition if RENT."
As is normal in a reverse takeover, the acquisition will be paid for with an agreed number of shares in the old entity, in this case 1.8 billion SLT shares. It gets consolidated and more shares issued to raise capital for the new entity. Saves the hassle of RENT listing as a new IPO company. A new business that is earning revenue and growing, coupled with new management should give this a very high chance of success.
SLT Price at posting:
0.5¢ Sentiment: Buy Disclosure: Held
