Refer table in section 1.8 of Explanatory Memorandum. If i’ve read correctly Existing shareholders (889m shares) will hold 13% on post consolidation basis (88.9m / 644.4m)
644m shares depends on whether they can raise $50m in IPO, $0.50/share seems ambitious as gives post consoliated company a market capitalisation of $322m
Ann: Consolidation/Split - CSD, page-6
-
- There are more pages in this discussion • 38 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)