Ann: Acquisition of Minority JV Interest Karinga , page-3

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 42 Posts.
    lightbulb Created with Sketch. 85
    re: Ann: RUM: Acquisition of Minority JV Inte... Yeah i think the calculation might be a bit off there.

    I get:
    Price per tonne = 8,000,000 / 6,000,000 = $1.33/Tonne
    Value of 1 Bill tonnes = 1,000,000,000 * $1.33 = $1.33 Billion
    Price per share = $1.33 Billion / 120,000,000 Shares = $11.11/Share

    or:

    (1000000000 * (8000000 / 6000000)) / 120000000 = $11.1

    I'd be over the moon if i saw half that :)
 
watchlist Created with Sketch. Add RUM (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.