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5.00% 2.1¢ wellnex life limited

Company Valuation 101 - Question, page-286

  1. Psychi
    969 Posts.
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    01/06/18
    18:36
    Post #: 33441889
    For every 5 shares we own we can purchase 1 at 1.25 (5:1) yeah??... So there are approx 92m shares issued to the market...lets say everyone taking part of the subscription 92*1.25= 115m
    With ratio 5:1 i got 23mil .... Guys what am i missing???
    WHA Price at posting: $1.47 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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