I was thinking more on the lines of -- offer per number of shares held. 830million shares divided by 55,555,555 new shares on offer equals roughly to 1 share for each 15shares held.
so if you have a 100,000 shares at the moment -- divided by 15 == 6,666 new shares available . at 0.36 cents each . offer = $2400 payable.
only my back of the envelope figures. Wednesdays announcement will reveal all.
GL all.
EXR Price at posting:
45.0¢ Sentiment: Buy Disclosure: Held
