Yes the original share holders will own 5% of the imaginary $105 million equal to $5.25 million which equates to $0.328 per share. $US. Before dilution sets in.
I say imaginary because the profile of Big Star is probably less than half what it was years ago or even less.
Comments regarding the area of Big star being on the Permian fringe are valid also.
We dream on.
Texas’s Permian Basin is only U.S. oil-producing region where production will rise, page-14
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