Show me the money, page-83

For shareholders like me who are considering NOT subscribing to the SPP, the following (short-cut) approach to maintaining SP value may be useful.

Current shares on issue = 1,661,675,855

Greenstone potentially gets 249,251,378 shares via placement.
Shareholders potentially get 474,764,571 shares via the SPP.

Potential new shares = 724,015,949, which is 43.6% of current shares on issue.

Should I decide to NOT participate in the SPP, the post-SPP share price needs to be at least 143.6% of the floor price of $0.08 in order to maintain value. Therefore it needs to be $0.115 or better.

I hope this simplistic approach was useful. I like simple...like beer and footy.

Cheers
F