Will AHF acquire MGC?, page-2

Yes - you're dreaming. What price the MGC assets and just how many AHF shares would need to be issued?

$5m doesn't even get you to the front door in order to provide your date with a corsage, let alone buy you any assets. In measured context, $5m buys you 0.75x a farm producing possibly 3m/L of annual production.

Alternatively, it buys you potentially 4,000 cows (3,000, if guaranteed in calf).

Perhaps $5m also buys you 0.4x a milk processor processing 30m/L annually (at full capacity).

$5m also buys you 5x annual corporate costs and enables for ready payment of the $1/2m+ claimed by Hackett and co (accrued through to Jun17 but which they have been precluded from extracting to date).

$5m also covers off 16x over the Camperdown land purchase which was trumpeted about late last year (equally, in reference to Liam He) and which then settled in February with no announcement made (nor any indication as to how it was paid for given that shares were also meant to be issued at the time).

$5m however does not buy you a new Camperdown facility. Nor does it buy you (let alone provide you with the foundation for buying) the MGC assets.

So, there you go - when the amount involved is $50-100m, then perhaps there may be some merit to the suggestion made (if not with MGC then perhaps with something else). But, with just $5m - give us a break.