EQUITYOPPORTUNITY

Wednesday, September 27, 2023

Fine print of the proposed Knusford-Ekovest Construction merger

 


2 Comments:

At 4:30 AM, Blogger Wh said...

Does that mean the owners are buying up the company cheaply since the share price is now in the 80s?

 
At 4:21 AM, Blogger DP said...

Doesn't seem like it since the price has hardly moved compared to IWCity & Ekovest. However, I believe the price will rise above $1 when the slightly confusing terms of the proposal are made clearer, especially the point about the share-split pre-acquisition of Ekovest's construction arm.

 

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