Originally Posted by
OvertHawk
If you read the release in full it states that whilst they only paid the administrators 280k the additional capital that they're having to commit to fund the sale and keep the business going brings the acquisition cost to around 3 mil.
So you are just reconfirming the Helihub statement, they paid £280,000 to the administrators for the company. The total acquisition costs are anticipated at 3 million, could be less, or more, who knows.
The net asset value, excluding lease obligations, is approximately £0 again as stated in Helihub.