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Bullboard - Stock Discussion Forum Aurora Solar Technologies Inc V.ACU

Alternate Symbol(s):  AACTF

Technology Scientific & Technical Instruments
Aurora Solar Technologies Inc. is a Canada-based company. The Company is engaged in the development, manufacturing and marketing material inspection and inline quality control systems for the solar polysilicon, wafer, cell and module manufacturing industries. Its products include DM and TCM instruments, Insight, Visualize and BT Imaging. Its services include system configuration and performance... see more

TSXV:ACU - Post Discussion

Aurora Solar Technologies Inc > HALTED - Aurora Solar Technologies to Acquire BT Imaging to
View:
Post by Renewableshark on Mar 03, 2022 9:55am

HALTED - Aurora Solar Technologies to Acquire BT Imaging to

https://www.newsfilecorp.com/release/115535
Comment by Renewableshark on Mar 03, 2022 10:00am
Deal done at 20c CAD!! Stock about to 3x
Comment by Possibleidiot01 on Mar 03, 2022 10:02am
Does it strike anybody as bizarre that ACI is worth 9.5 cents and the deal is done at a value of 20 cents per ACU stock? In addition deal value is given as $16.2 million  and ACU market cap is $13.69 million at 9.5 cents . Seems like massive dilution and loss of control of the company?
Comment by Renewableshark on Mar 03, 2022 10:05am
The deal was done high because the price is artificially low. Voting shares are primarily owned by Gord. Not too worried
Comment by Possibleidiot01 on Mar 03, 2022 4:21pm
I did miss the maximum 81 million shares figure in the release.
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