CPH 0.00% 0.9¢ creso pharma limited

Ann: Proposed issue of securities - CPH, page-4

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  1. 752 Posts.
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    By my quick calcs I think you're right.

    About a billion shares on issue right now (assuming MC of $105M & SP of 9.7 cents per share).

    This acquisition will cost up to another 3 billion shares (based on current economic assumptions and targets being met).

    So does this acquisition provide another $300M market cap to justify that?

    If I hadn't sold the other week, I'd be looking to time my exit...
    Last edited by feenix: 03/02/22
 
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