ROB 0.00% 0.4¢ robe australia limited

massive 6 months ahead - one to watch, page-27

  1. 37,911 Posts.
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    this company is certainly looking cheap enough

    not sure how i missed the announcement of 11/11/11

    the usual suspects were on board, which ROBO high of 3.4 cents and ROBO high of 2 cents

    difficult to see the share price going lower that it is now or say lower than 1.6 cents

    happy for someone to confirm my research

    i get

    1. probable $3m raised at 2 cents (20 cents post-reconstruction)

    2. 100m shares issues to vendor

    3. $400k to be paid to vendor, probably leaving nil cash when $3m is raised

    4. 1,013,757,555 script fully diluted

    5. $3,329,014 from options if exercised

    6. at 2 cents, $17m market cap after substracting options cash

    7. at 2 cents, $14m market cap after substracting all cash

    regards




 
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Currently unlisted public company.

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