would it be fair to say, page-75

Hi Smallz,

Are you sure this calculation below is correct?

'Price= (annual revenue x P/E ratio) / shares on issue
Price= ($50,000,000 x 16) / 1,175,497,250
Price= 68.05 cents per share

The total portfolio value of the share holding would be 500,000 x 68.05c = $340,250

With our new capital structure, the following could be said:

Price= (annual revenue x P/E ratio) / shares on issue
Price= ($50,000,000 x 16 / 1,410,596,700)
Price= 56.7083 cents per share

The total portfolio value of the share holding would be 500,000 x 68.05c = $340,250'


With the new capital structure shouldn't the total read:
500,000 x 56.7083 = $283,541.50?