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
Refer table in section 1.8 of Explanatory Memorandum. If i’ve...
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