Quote Originally Posted by El Gubbz View Post
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The update is intentionally vague but Bydand getting c. 37m shares and there’s £3m of loans getting converted. Assuming Bydand aren’t sticking any additional cash in and the other c. 20m shares that are being created and issued to the other parties in exchange for cash at the same value it would suggest an extra £1.6m cash ploughed in plus the Loan being converted ie. Hibs balance sheet £4.6m healthier

Fag packet at best though
Thanks. Definitely good news though!