the tkg transaction worked out to about 29 cps.
$60 mil - $3.35 mil in cash = $56.65 mil worth of shares
$56.65 mil / 195 million shares = 0.2905 = 29.05 cps
Remember we are assuming tkg's 25.4% of hampton is worth the SAME as barrick's 51% of certain LC tenements. So if tkg got $60 million then barrick will also get $60 million.
If the shares are being given closer to market value then this is the sort of dilution we are looking at.
$60 million @ 30cps = 200 million shares
$60 million @ 32.5 cps = approx 185 million shares
$60 million @ 35 cps = approx 172 million shares
$60 million @ 37.5 cps = 160 million shares
$60 million @ 40 cps = 150 million shares
Personally, i think tkg's 25.4% of hampton is worth more than barrick's 51% of certain LC tenements but what do i know.. I'm very happy to be corrected on anything and all input is welcome.
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Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.683M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 98894 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.0¢ | 2300000 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 98894 | 0.009 |
8 | 2763597 | 0.008 |
8 | 4878480 | 0.007 |
8 | 6430000 | 0.006 |
5 | 2645080 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 2300000 | 4 |
0.011 | 2095077 | 5 |
0.012 | 1173905 | 5 |
0.013 | 1500000 | 1 |
0.014 | 965428 | 3 |
Last trade - 08.05am 09/10/2024 (20 minute delay) ? |
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