TSN 0.00% 1.0¢ the sustainable nutrition group ltd

audeo: sketched potential for dilution

  1. 483 Posts.
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    Hi All - Now that we know the number of shares that Audeo will issue to ACL holders AND we know the minimum listing price, it is possible to run some dilution scenarios:-

    1) At 1/37 Audeo will issue 7,584,245 shares to ACL holders (let's round that to 7,500,000)

    2) Assuming a $5.00 issue price for new securities (I think this is a NASDAQ requirement) then

    ---> 50% dilution will raise $19 million

    ---> 100% dilution will raise $38 million (duh)

    ---> the max $ million will dilute current holders by 158% (i.e. final number of shares will be roughly 20 million). I think this is the likely scenario.




 
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