TGS 0.00% 4.9¢ tiger resources limited

Ann: Tiger signs binding agreement to divest DRC operations, page-20

  1. 5,897 Posts.
    lightbulb Created with Sketch. 903
    thanks for the attempt to answer my question. im sorry you didnt understand it properly.
    The question of how many shares on issue is a simple one. How many shares has the company got on issue currently?
    So lets say it was 100 million and the company ended up with $100 mill cash then the cash backing would be $1 per share. If they have a billion shares on issue that woukd be 10c cash backing per share.
    if there was a billion shares and $50 mill cash it would be 5c per share.
 
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