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0.00% 12.5¢ consolidated tin mines limited

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

  1. Tin Bull
    59 Posts.
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    01/05/18
    15:16
    Post #: 32803330
    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
    CSD Price at posting: 2.5¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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