RE: Quo vadis Avacta?28 Jul 2023 16:29
My understandin gis that Avacta have the discretion to pay in cash or shares, with the shares priced at 118.75p, i.e. always the same price.
What HCI lent was 95p per share, discounted at 95%, so something like that. There were a lot of 95s around, I do know that.