MEJ 0.00% 5.3¢ macro energy ltd

mej prospectus , page-38

  1. 745 Posts.
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    Hi Farmboy -

    the way you should see is there will be 166M shares on issue.


    Current Share price is 0.06c x 5.715 = 34.29c per share post consolidation.

    This means the new value of the company is:

    166M x 34.29c = $56.9M market cap for the post consolidation entity.

    Buying in at these prices means you're buying Digital BTC for $56.9M.


    Is this expensive? Well depends on how much revenues and profit that Digital BTC makes, and so we will find out in due time.
 
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