Australia's largest stock trading and investment forum Australia's #1 stock forum

G79

Click for more information

0.00%

2.7¢ goldoz limited

The Convertible Note broken down, page-18

First 18 Last

Share
Profile

Follow
Aussiekev

372 Posts.

17/10/17

09:41

Post #: 27954243
Share

Originally posted by ozemania ↑

Hard to say if this is all completely built into the price. I don't think the current price even has the true ruby value built in yet, let alone anything else.

Most estimates of MC (such as @wombat777's workings) take into account an estimated dilution for the remaining CN, but until they convert each note we wont know exactly what the final dilution figure is. Safe to say, as the days go by and the price goes up, remaining conversions will be less and less dilutive.

It is also assumed that all the options will be taken up since the SP is now higher than the exercise price for each batch. While this will add 65mil shares to the register, it will also add another $5.5mil to the bank account when they exercise them

Expand

Thanks for the reply.

Good to know that a lot of the assumptions have taken into account most if not all the dilution.

I am lazy and cant be bothered digging but there were some exercised yesterday wasnt there?
Is it possible that this led to the pull down on the price after it touched its highs? People added in a dilution cost to their price valuations?

MUS Price at posting: 18.5¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

MGU

New results confirm Buena Vista's iron grades potential

MRC

Mineral Commodities to shut down Tormin mineral sands project as oil spill contaminates beach

Trimmed CPI figure provokes market jump of 1%, but inflation pressures remain a reality

1CG

One Click Group jumps 4% after ending quarter with $2.4M in cash; $1M in revenue and 150K+ users on board

KOB

Koba, formerly a cobalt player, gears up to become newest explorer in the uranium state: South Australia

There are more pages in this discussion • 73 more messages in this thread...

First 18 Last

Add G79 (ASX) to my watchlist