5c and nobody wants them, page-34

Leapzig

with all due respect your Market Cap calculations are way out.

CEO ALREADY has a Market Cap of over $26m at current price of 5.2c ($1.04). By the time the raising is done, shares on issue will have doubled and the Market Cap will nominally be $52m, so if the shares were to then fall to Slogger's target price of 45-55c, we are still talking about a Market Cap of (roughly) $25 - $28m.

Not meaning to "have a go", but just thought it is worth pointing out for benefit of others reading the thread.

Your market cap of $12 - $14m infers a post consolidation share price of less than 28c (and none of this includes the exercise of the remaining options).

Regards

Coop