|9 hours ago||marab||‘Payment to the Vendor of a cash consideration of USD800,000, payable in 24 equal monthly payments,’ ie. $33,333 per month. I would guess that the $19.2m comes from mistakenly assuming 24 payments of $800,000
Total payable for the deal approximately $1.4m for 72.69% of the business.
The stock is valued at $2,025,892.
72.69% of $2,025,892 is $1,472,620.
So $1.4m for 72.69% of the... read more...|
|9 hours ago||mohammedalibusiness||Morning Chamos - beautiful news this morning. After export licence news, I did say that we'll get possibly two updates in October - I think Frank is definitely focusing on increasing SP now with more revenue generation and news. read more...|
|9 hours ago||eye2||i like this bit ....The Business has recently installed a new IT system for stock and inventory control across the chain and employs 135 staff, including senior management, buyers, accountants, marketing staff and shop workers.
The Business is a departmental store with a variety of well-known home focused branded goods and has been in operation for over 10 years having built a well-respected... read more...|
|10 hours ago||ileeman||Already producing 10million in revenues and now OBT can straight away start selling all their own produce, nice :P read more...|
|10 hours ago||beeks of arabia||I think you need another edit there, you buffoon. read more...|
|Tue 11:14||pcjoe||ileeman - From OBT final accounts profit figures
"Fair value adjustment of biological
asset 15 107,379"
I still dont know how £107 mill forestry valuation can be booked as profit - as far as I`m aware the trees are still there swaying in the breeze & quite possibly 100s of miles from any access road or saw mill? - No expert but surely this cant be standard accounting procedure?
I cant... read more...|
|Mon 10:44||multibagger||Sorry eye2...I have reduced my OBT holding to take up more of CTP. They are genuine sells.... 3 x50k over the late last week and today.
I'm not trying to knock the OBT price, I still hold a fair few OBT....just feel that CTP is a better investment at the moment IMHO. I am worried that OBT may be getting positioned for a cheap takeover/buyout on the basis of an undervalued share price.
Good... read more...|
|4 hours ago||club sandwich||well they've just done a purchase, so probably not the first of those... read more...|
|8 hours ago||beeks of arabia||Sorry Joe, me neither!No offence meant (well, a little was meant!) read more...|
|8 hours ago||eye2||pc (: normaly me . good move this and no real presure on cash flow BUT gets product out there, we will have our day here you watch. read more...|