BCI 2.04% 24.0¢ bci minerals limited

valuation comparison, page-11

  1. 624 Posts.
    lightbulb Created with Sketch. 3
    I'd just like to throw my thoughts in here guys.

    I think the issue price for the SPP will be $3.04. I would be surprised if was any lower.

    So, on that basis:
    $10,000,000 divided by $3.04 would give 3,289,474 shares issued.

    If 2382 shareholders applied, they would get 1380 shares each.

    If 1651 shareholders applied they would get 1992 shares each.

    Between 1300 and 2000???

    Take your pick.

    I'm sending in my $15k cheque hoping for 4934 shares, although I don't like my chances.
 
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