Dr how do you get your 10m market cap valuation?
Your not intentionally misleading people are you?
Current shares on issue 657m x .044 = $29m
Don't forget about the 2.65 billion coming so 3.5b once listed.
3 500 000 000 x .044 = 158m at current share price.
without the options.
Following the public offer and acquisition the indicative effect on the Company’s capital structure will be
as follows:
Capital Structure Shares Options
Current capital structure 656,776,880 Nil
Consideration Shares 2,650,000,000 Nil
Capital Raising 280,000,000 Nil
Capital Raising Options and Transaction Options Nil 152,500,000
Total on completion of Acquisition 3,586,776,880