The report shows the market cap of $50b TZS which means it's using 100m shares time 500 TZS/share. That market cap = $28m AUD which seems low given the new deal and Kito prospect.
The old Swala Australia Energy shareholders own 58m of those 100m shares which means that the old SWE shares are worth about $A0.09 each. If the Swala shares double to 1,000 TZS and old SWE shareholders get new Swala shares then everybody should at least get their money back.
SL1 Price at posting:
5.0¢ Sentiment: None Disclosure: Not Held
