It's pretty simple. For each share 92E held, you get to the value of .65 AUD approx. converted into .5834 shares in new entity. It's fantastic news!
Under the proposal, 92E shareholders will receive 0.5834 ATHA shares for
every 92E share held on the Record Date, implying approximately A$0.651
per 92E Share
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92E Acquired by ATHA energy!, page-34
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EQUINOX RESOURCES LIMITED.
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