Leapzig
with all due respect your Market Cap calculations are way out.
CEO ALREADY has a Market Cap of over $26m at current price of 5.2c ($1.04). By the time the raising is done, shares on issue will have doubled and the Market Cap will nominally be $52m, so if the shares were to then fall to Slogger's target price of 45-55c, we are still talking about a Market Cap of (roughly) $25 - $28m.
Not meaning to "have a go", but just thought it is worth pointing out for benefit of others reading the thread.
Your market cap of $12 - $14m infers a post consolidation share price of less than 28c (and none of this includes the exercise of the remaining options).
Regards
Coop
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