correct me if I'm wrong. If the 500,000,000 shares are to be valued at 40 million, does that then give each unit a price of 12.5 cents? So technically they're getting them at a premium of at least 70% off the current price? If so, do both parties value the company at atleast 12.5 cents now, when the deal was negotiated or when settlement takes place in February?
Cheers!
Dezzydodo
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Mkt cap ! $98.42M |
Open | High | Low | Value | Volume |
2.2¢ | 2.3¢ | 2.1¢ | $139.1K | 6.347M |
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No. | Vol. | Price($) |
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41 | 12290100 | 2.1¢ |
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Price($) | Vol. | No. |
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29 | 8466499 | 0.020 |
13 | 3318829 | 0.019 |
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7 | 2008882 | 0.017 |
Price($) | Vol. | No. |
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0.026 | 4423715 | 19 |
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