CLE 0.00% 0.1¢ cyclone metals limited

sp should rocket friday, page-16

  1. 24 Posts.
    The offer is $A400m. Of this $133m is lost to tax. With 500m shares/options on issue this means the deal is worth 53.6 cents per share fully diluted.Am I misreading/miscalculating something?
 
watchlist Created with Sketch. Add CLE (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.