If u were besb boss,Ur business booming n I looking for fresh fund to grow Ur business,y u don't take cash from mikromb,but instead take share from the mikromb?.....u can sell the share later at a higher price?or plan to use the listing status of mikromb?
Really can't "catch the ball" what is the logical behind : Mikro bought 25% of BESB with RM75m (cash + share issuance). Then share swap (BESB 25%) to exchange 25% of Elridge Energy (subjected to ACE listing approval). This deal is OK. All stakeholders of BESB (remaining 75%) to be sold their holdings to Elridge Energy with RM34.98m. Can you image Mikro bought 25% of BESB at RM75m but Elridge Energy bought 75% of BESB at RM34.98m? But why Mikro has to pay more to acquire BESB in the first place ???? Pls correct me if my information is inaccurate....
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
didi7349
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Posted by didi7349 > 2023-12-05 15:34 | Report Abuse
wonder y this bio eneuco would wan to take mikromb share as collateral if they are looking for funds to expand their business.....except for...