241k issued options equals to 241k issued shares (1:1).
And they will be issued for sure since the offer is underwritten.
By calculation 241/2*11 (as per 2:11 offer) equals to 1,325 million shares currently on issue.
Therefore nor will have 1,566 million shares on issue after the CR + all the options and performance shares which will amount to about 450 million.
So dear gentlemen, NOR fully diluted market cap will be calculated on about 2 billion shares!
Meaning NOR is still valued about $10m at 0.5c.
Overvalued in my opinion based on past and present company performance.
- Forums
- ASX - By Stock
- NOR
- Ann: Capital Raising
Ann: Capital Raising, page-15
-
-
- There are more pages in this discussion • 402 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NOR (ASX) to my watchlist
(20min delay)
|
|||||
Last
4.8¢ |
Change
-0.001(2.04%) |
Mkt cap ! $22.72M |
Open | High | Low | Value | Volume |
4.9¢ | 4.9¢ | 4.6¢ | $65.50K | 1.386M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 306 | 4.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.9¢ | 220000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 306 | 0.048 |
1 | 50000 | 0.046 |
1 | 130081 | 0.045 |
2 | 255000 | 0.043 |
1 | 13888 | 0.042 |
Price($) | Vol. | No. |
---|---|---|
0.049 | 220000 | 1 |
0.050 | 49663 | 2 |
0.051 | 125000 | 1 |
0.056 | 60000 | 1 |
0.058 | 137000 | 2 |
Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
Featured News
NOR (ASX) Chart |
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online