TAS tasman resources ltd

Ann: Placement, page-20

  1. 3,565 Posts.
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    Roaminoz: Please ignore my previous two posts.

    Your fig of 434,761,188 appears correct.

    Capital Structure(prospectus May 2015)
    Shares Percentage Options* Percentage Existing Shares and Options (unlisted) 259,781,859 76.92% 19,110,213 19.69% Maximum number of New Shares and New Options (estimated) 77,934,558 23.08% 77,934,558 80.31%
    Total Shares and Options (listed and unlisted) upon completion of the Issue (estimated) 337,716,417 100.00% 97,044,771 100.00% *

    This includes both Existing TASO Options and existing unlisted options issued under the Company’s ESOP.


    At EDE sp of 0.75 TAS should play catch up to 0.90 according to your table.
    Do you think that instead of M cap it should be Enterprise Value (EV)?
 
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