Forum Archive Index - June 2001

["Ken Donelan" <kdonelan@ihug.co.nz>]

I think there was a typing error on the NZSE notice and the purchase price
of the new business was $275,000 cash plus 195 million shares:

Cash
275,000
195,000,000 shares @ 2.5c
4,875,000
Total
5,115,000


----- Original Message -----
From: "Brian Jones" <ibbij@hotmail.com>
To: <sharechat@sharechat.co.nz>
Sent: Wednesday, June 06, 2001 3:10 PM
Subject: [sharechat] AQL


>
>   Just picked up the AQL announcement which says they are paying 5.15mil
> by way of $275,000 cash and 1950million shares ie 1/4 of a cent per share
> and a requirement to have 2 mil cash in reserve prior to settlement for an
> organic products outfit.
> Makes 3 cents a share look a tad expensive at the moment!
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