OM1 current total SOI is 56,525,611
New shares to be issued under this takeover is 166,666,667
Total SOI after takeover is 223,192,278
OM1 current Market cap. at last closing price A$0.078 is A$4.409m
1. DG market cap. at 24/10 (C$0.09) is A$2.63m
2. DG market cap. at last closing price C$0.25 is A$7.32m
3. DG market cap. at 600 premium to C$0.09 is A$18.41m
If the market value this after the takeover
1. A$2.63m + A$4.409m = A$7.039m / 223m = A$0.031 s/p
2. A$7.32m + A$4.409m = A$11.729m / 223m = A$0.055 s/p
3, A$18.41m + A$4.409m = A$22.819m / 223m = A$0.105 s/p
The C$3m cash consideration (roughly A$3.5m)
Their cash position should be around $3.5-$4.5m by end of last quarter (will find out next week)
If they use up all the cash then they will need to do another CR now for the upcoming drilling
but the TH notice didn't mention about CR so don't know how they are going to fund this without capital raising.
- Forums
- ASX - By Stock
- OM1
- Ann: Trading Halt
Ann: Trading Halt, page-33
-
-
- There are more pages in this discussion • 114 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add OM1 (ASX) to my watchlist
(20min delay)
|
|||||
Last
7.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.550M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
OM1 (ASX) Chart |
Day chart unavailable
The Watchlist
JBY
JAMES BAY MINERALS LIMITED
Andrew Dornan, Executive Director
Andrew Dornan
Executive Director
SPONSORED BY The Market Online