ADR 0.00% 1.2¢ adherium limited

Ann: RSH: Bidder's Statement, page-6

  1. 95 Posts.
    lightbulb Created with Sketch. 16
    Someone correct me.

    100000 adr shares / 7 = 14,285 rsh shares

    which equates to $1785 at $.125

    but this offer doc says the shares should be worth

    100000 x $.0225 = $2250

    am I reading this wrong?
 
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